• Open

    AMC Stock Pops, APE Tumbles As Court Won't OK Share Conversion Settlement Yet
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  • Open

    Currency Risk Sharing
    Currency risk sharing is a form of hedging currency risk in which two parties agree to share the risk from exchange rate fluctuation.  ( 13 min )

  • Open

    How to Get Cash Without a Debit Card in 2023
    Getting cash from your bank account is usually as easy is finding an ATM—if you have your card. Learn how to get cash when you don’t have a debit card.  ( 15 min )
    Bed Bath & Beyond Adds Vendor Consignment Plan to Avoid Bankruptcy
    Bed Bath & Beyond announced it signed a vendor consignment agreement with ReStore Capital to get merchandise on its store shelves as it fights to stave off bankruptcy.  ( 11 min )
    Conagra Brands Profit Jumps on Higher Prices
    Shares of Conagra Brands rose as the packaged food company reported better-than-expected quarterly results and boosted its full-year outlook.  ( 10 min )
    Markets Mixed Following Private Sector Jobs Report
    U.S. equities were mixed following a report from ADP showing the private sector added fewer jobs than expected in February, increasing concerns about a slowdown in economic growth.  ( 10 min )
    Guardian IRA Definition
    A guardian IRA is an individual retirement account that is set up and managed by an adult for a minor or incapacitated adult. Learn how guardian IRAs work.  ( 17 min )
    Top CD Rates Today, April 5
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Ellevest vs. Betterment: Which Should You Choose?
    Ellevest offers the most account options with the Executive membership flat fee, but Betterment caters to new investors, with live customer service and low-cost options.  ( 21 min )
    North Atlantic Treaty Organization (NATO)
    The North Atlantic Treaty Organization (NATO) is a security alliance of 31 nations from North America and Europe that aims to safeguard its members.  ( 19 min )
    How to Fund a College Education
    An overview of how to pay for college, given rising tuition levels and student debt.  ( 19 min )
    Stop-Limit Order: What It Is and Why Investors Use It
    A stop-limit order is a conditional trade over a set time frame that combines features of stop with those of a limit order and is used to mitigate risk.  ( 23 min )
    Today's Mortgage Rates & Trends - April 5, 2023: Rates Edge Lower
    Rates on 30-year mortgages dipped a few points, continuing a pattern of mostly minor movements over the last week and a half. Almost every other rate average also moved just minimally.  ( 12 min )
    Monthly Income Plan (MIP): Definition, Investments, Taxes
    A monthly income plan (MIP) is a debt-driven mutual fund that invests a small portion of its assets into equities.  ( 13 min )
    What Is a Certificate of Deposit (CD) and What Can It Do for You?
    A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.  ( 31 min )
    How to Get Personal Loans With No Income Verification
    Personal loans with no income verification are available, but they often have sky-high interest rates and short repayment terms.  ( 17 min )
    Forced Conversion Definition
    A forced conversion is when the issuer of a callable bond exercises their right to call the issue.  ( 15 min )
    `Friendshoring’ Could Have Some Not-So-Friendly Downsides
    The push by the U.S. and other countries to trade more with friends and less with rivals could make the world poorer, researchers say.  ( 13 min )
    Revenue vs. Profit: What's the Difference?
    Revenue is the total amount of income generated by a company. Profit is the bottom line or net income after accounting for all expenses, debts, and operating costs.  ( 20 min )
    EAFE Index: Definition, Countries Included, and Use as an Index
    The MSCI EAFE Index is a stock index used as a benchmark for the major international equity markets. It represents companies in Europe, Australasia, and the Far East.  ( 16 min )
    Top Consumer Discretionary Stocks for April 2023
    Light & Wonder, BYD, and Luckin Coffee are the top consumer discretionary stocks for value, growth, and momentum, respectively.  ( 15 min )
    At-the-Close Order Definition
    An at-the-close order specifies that a trade is to be executed at the close of the market, or as near to the closing price as possible.  ( 15 min )
    Private US Employers Added Fewer Jobs Than Expected in March
    The ADP's National Employment Report revealed private US employers added fewer jobs than expected in March, a sign that the economy could be slowing down.  ( 11 min )
    Home Prices Hold Up as Mortgage Rates Rise
    A lack of housing inventory is keeping prices from falling even as mortgage rates rise.  ( 11 min )
    J&J Shares Rise on Deal for $9 Billion Settlement
    J&J shares climbed after announcing a $9 billion agreement with thousands of plaintiffs over accusations its baby powder and other talc products caused cancer.  ( 11 min )
    Fedex Restructures To Cut Costs, Hikes Dividends By 10%
    FedEx is restructuring its business to reduce $4 billion in costs by 2025 but is also rewarding its shareholders with a 10% increase in dividends.  ( 10 min )
    IRS Red Flags for Family Foundations
    Family foundations can offer welcome benefits, but they are subject to intense IRS scrutiny. Knowing the rules could help to avoid a costly tax audit.  ( 17 min )
    What Economic Indicators Do Oil and Gas Investors Need to Watch?
    Leading indicators for oil and gas investments are centered on the levels of production, consumer demand, and inventory levels of petroleum products.  ( 14 min )
    Human Resources (HR) Meaning and Responsibilities
    Human resources (HR) is the company department charged with finding, screening, recruiting, and training job applicants, as well as administering benefits.  ( 15 min )
    Incoterms Explained: Definition, Examples, Rules, Pros & Cons
    International commercial terms (Incoterms) clarify the rules and terms buyers and sellers use in international and domestic trade contracts.  ( 17 min )
    Hot Wallet vs. Cold Wallet
    Hot and cold cryptocurrency wallets are the primary means for storing and exchanging these digital assets. Find out the difference between the two wallet types.  ( 16 min )
    Top REITs for April 2023
    Minto Apartment REIT, Two Harbors Investment, and iStar lead for value, growth, and momentum, respectively.  ( 15 min )
    R-Squared: Definition, Calculation Formula, Uses, and Limitations
    R-squared is a statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable.  ( 17 min )
    How Getting a Raise Affects Your Taxes
    Many people think they may actually make less overall because they are paying more taxes.  ( 16 min )
    Revolving Credit vs. Line of Credit: What's the Difference?
    Revolving credit and a line of credit offer flexibility with when you accesses credit, but they are not the same. Learn about the differences in these loans.  ( 18 min )
    Can Defaulting on a Student Loan Reduce Social Security Benefits?
    Typically the federal government may reduce your annual Social Security income by an average of $2,500 if you fail to repay a student loan, though there are scenarios where this won't apply.  ( 16 min )
    5 Things to Know Before Markets Open
    New private payroll jobs came in below expectation in March and shares of Johnson & Johnson are rising in pre-market trading after news of a settlement on legal claims over its talc products. Here’s what investors need to know today.  ( 11 min )
    Do Non-U.S. Citizens Pay Taxes on Money Earned Through a U.S. Internet Broker?
    The tax implications for a foreign investor will depend on whether that person is classified as a resident alien or nonresident alien.  ( 16 min )
    Section 1256 Contract: Definition and Tax Rules
    A Section 1256 contract is a type of investment defined by the IRC as a regulated futures contract, foreign currency contract, non-equity option, dealer equity option, or dealer securities futures contract.  ( 15 min )
    Gross National Income (GNI) Definition, With Real-World Example
    Gross National Income (GNI), an alternative to GDP as a way to measure and track a nation's wealth, is the total amount of money earned by a nation's people and businesses.  ( 18 min )
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    Cash Is 'In Jeopardy': World's Largest Hedge Fund Founder Ray Dalio Says but Sees an Unexpected Solution
    Inflation has been a massive issue for nearly every major country for the past year or so. Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to be relatively lackluster. While inflation is slowly declining, it has caused the debt of the U.S. and other countries to soar. Don’t Miss: The Startup Behind The Automated Future Of The Fast-Food Industry Between strong inflation and the massive debt burden, the founder of the world's largest hedge f  ( 48 min )
    Dow Jones Rises But Leaders Tumble, Tesla Stock Triggers Sell Rule; What To Do Now
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    Costco Falls on Lowest US Sales Growth in Almost Three Years
    (Bloomberg) -- Costco Wholesale Corp. slipped in late trading as the second straight slowdown in a key monthly sales gauge stoked doubts about the strength of US consumers. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentWall Street Shuns Risk as Recession Talk Ramps Up: Markets WrapTop Tax Mistakes to Avoid If You Make More Than $100,000The Final Mission for a California Military Base: Become Housing  ( 48 min )
    Costco Has Gloomy News About Sales. The Stock Drops.
    The average size of purchases declined last month, the company said, contributing to a drop in same-store sales.  ( 23 min )
    AT&T, Verizon, T-Mobile Could Face Disruption From Unlikely Competitors - Smaller Mobile Providers Reselling Their Service At Huge Discount
    A handful of upstart wireless providers like MobileX and DISH Network Corp's (NASDAQ: DISH) Boost Infinite failed to gain traction despite offering monthly service plans at less than half the average cost of the major national networks. Each of these challengers is reselling service provided by one of the big three carriers AT&T Inc (NYSE: T), Verizon Communications Inc (NYSE: VZ), or T-Mobile US Inc (NASDAQ: TMUS) through wholesale agreements known as mobile virtual network operators or MVNOs,  ( 47 min )
    Silicon Valley is starting to kill some of its famously lavish perks
    Silicon Valley companies are cutting back, and part of that effort means ending some of their famous perks.  ( 48 min )
    Bed Bath & Beyond Strikes $120 Million Deal to Boost Inventory
    The embattled retailer has struggled to keep shelves stocked in recent months. This deal aims to combat that.  ( 23 min )
    Western Alliance stock pares some losses after reassuring investors about deposits
    The Phoenix lender watched its stock seesaw after offering two updates on how its deposit balance fluctuated during the first-quarter.  ( 49 min )
    Gen Z is blowing past other generations when it comes to 401(k)s and retirement savings
    That’s good news for their financial future.  ( 48 min )
    J.P. Morgan Suggests 2 Stocks to Buy, Including One With 140% Upside Potential
    The first quarter is behind us and it has not lacked drama. Most recently, it has all been about the banking sector and fears that in the wake of multiple bank collapses, contagion could spread and spill over to impact the global financial system. However, it appears that, at least for the time being, these concerns have been addressed. But there’s still plenty of uncertainty about with inflation still high and the prospect of a recession looming. Against this shaky backdrop, how’s an investor t  ( 50 min )
    This Gold Stock Looks Set To Shine, Breaking Out Amid Rising Prices
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    1-year CD rates are hitting 5.15% right now—here’s a roundup of the banks offering these rates
    Savers are in a unique position to cash in on federal interest rate increases through deposit account interest.  ( 48 min )
    Boeing Stock Today: Why The Put Ratio Spread Can Gain As Much As $1,100 By May
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    SPAC king Chamath Palihapitiya warns faux profits no longer cut it now that startups forced to quit zero-interest-rate policy era cold turkey
    The billionaire venture capitalist has a harsh message for unprofitable startups: “The mathematical truth of high interest rates is that it renders your company valueless.”  ( 48 min )
    Tesla and Other EV Stocks Are Getting Crushed. Here’s Why.
    Shares of electric vehicle makers are taking it on the chin Wednesday. Investors appear worried about a few things.  ( 23 min )
    Western Alliance stock plunges after Q1 update lacks detail on deposit outflows
    The Phoenix lender watched its stock plunge after offering a preview of certain first-quarter results that didn't impress investors.  ( 48 min )
    This Brazil ETF Yields a Massive 13.5% and It’s on Sale
    The iShares MSCI Brazil ETF (NYSEARCA:EWZ) is down 20% over the past year, but its 13.5% dividend yield is just one factor that makes it an attractive investment opportunity right now. Here’s why EWZ looks like a Buy at these levels. A Monster Dividend Yield No need to bury the lede here — a monster 13.5% dividend yield is a key part of EWZ’s appeal. This yield crushes the rate of inflation (6%), the yield offered by the U.S. 10-year Treasury note (3.4%), and the average yield for the S&P 500 (1  ( 50 min )
    FedEx Announces Big Dividend Hike, Sending the Stock Higher
    FedEx announced a dividend increase and operational change ahead of its investor event, Wednesday.  ( 23 min )
    Top REITs for April 2023
    Minto Apartment REIT, Two Harbors Investment, and iStar lead for value, growth, and momentum, respectively.  ( 16 min )
    Gold inching toward all-time highs as investors pile into the safe haven
    Gold (GC=F) is a stone’s throw away from closing at record highs. The precious metal futures for June delivery are hovering around $2,038 an ounce on Wednesday, 2.5% away from former highs of $2,089.20 reached in August 2020.  ( 47 min )
    The Ford Mustang Mach-E Loses Half Its Tax Credits. Better Buy It Now.
    The Mustang Mach-E and Ford E-Transit van will qualify for a $3,750 purchase tax credit starting on April 18. That is down from the $7,500 available now.  ( 23 min )
    Palantir Expands Microsoft Cloud Computing Pact To Government Agencies
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    FedEx Consolidates Express and Other Units Under CEO Subramaniam, To Save $4B In Costs, Boosts FY24 Dividend By 10%
    On Wednesday, FedEx Corp (NYSE: FDX) elaborated on its plan to slash $4 billion in permanent costs by the end of FY25 at the DRIVE Investor Event. The company proposes to bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into Federal Express Corporation, becoming a single company operating a unified, fully integrated air-ground network under the respected FedEx brand by June 2024. FedEx Freight will continue to provide less-than-truckload freight transportati  ( 48 min )
    ONON Stock Tumbles Below Rare Buy Point On Analyst Downgrade
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    Morgan Stanley Cuts Regional Bank Outlook; Western Alliance Dives On Financial Update
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    Ken Griffin and Goldman Sachs Have One Thing in Common: They Both Like These 2 AI Stocks
    Investors are always on the lookout for ways to beat the market and can use several strategies to try and do so. Tracking the purchases made by leading investors is one way. Following the recommendations of stock experts at one of Wall Street’s most well-known banks is another. Then there’s also the option to ride the latest trend. So, when all three of these possibilities combine, investors should really take note. Using the TipRanks database, we’ve pulled up the details on two stocks that tick  ( 50 min )
    MicroStrategy buys 1,045 Bitcoin, holds 140,000 BTC in total
    MicroStrategy acquired 1,045 Bitcoin for around US$29.3 million, at an average price of US$28,016 per coin, between March 24 and April 4, 2023  ( 46 min )
    How to Save $7,500 on an EV Even if It Doesn’t Qualify for a Tax Credit
    There is a loophole that opens up the purchase tax credits to more electric vehicles.  ( 23 min )
    Walgreens, Kraft Heinz, and 3 Other Staples Stocks That Should Hold Up in a Recession
    Consumer staple stocks hold up better in recessions, and Barron's has screened for companies that are cheaper than the broader sector.  ( 23 min )
    84% of Retirees Are Making This RMD Mistake. Here's How to Avoid It
    Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 49 min )
    I Got a Private Letter Ruling (PLR) From the IRS. What Does It Mean?
    Private letter rulings, commonly known as "guidances," are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it's a written answer issued by the IRS to a … Continue reading → The post Understanding a Private Letter Ruling (PLR) appeared first on SmartAsset Blog.  ( 51 min )
    Dow Jones Futures Fall After ADP Jobs Data; C3.ai Extends Losses After Short-Seller Letter
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    Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
    My children have inherited $5 million of stock from their father (whose estate has not yet been dispersed after 11 months) leaving them with a 30% or so loss of value over which they have had no control. Is there … Continue reading → The post Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It? appeared first on SmartAsset Blog.  ( 50 min )
    Is $6 Million Enough For Me to Retire at 55?
    With smart money management, retiring at 55 years old with $6 million could be a breeze. But a lot of work has to go into the strategies you make and the actions that you take. That also includes how you … Continue reading → The post Is $6 million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 50 min )
    FedEx Announces Big Dividend Hike, Sending the Stock Higher
    FedEx announced a dividend increase and operational change ahead of its investor event, Wednesday.  ( 23 min )
    FDX Stock Rises Out Of Buy Zone On FedEx Dividend Hike, Major Reorganization
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    Google-Owner Alphabet Says Its Chips Can Beat Nvidia’s. What This Means for AI.
    Scientists at Google said their supercomputer is up to 1.7 times faster than a system based on the A100 chip produced by Nvidia.  ( 23 min )
    Western Alliance Drops on Lack of Details on Deposit Balance
    (Bloomberg) -- Western Alliance Bancorp fell almost 7% in early New York trading after the regional bank updated its financial disclosures without saying more about its deposit balance.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaBernard Arnault’s Fortune Soars Past $200 Billion for First TimeRead the New York Felony Indictment Against T  ( 48 min )
    FedEx combines air, ground, other operations to slash costs
    FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide reorganization. FedEx Freight, the company's freight transportation services division, will continue as a stand-alone company within Federal Express Corp.  ( 48 min )
    Is Palantir Among The Best AI Stocks? One Analyst Says Buyer Beware
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    Top exec at Richard Branson’s Virgin Orbit blames CEO and board for bankruptcy sale
    Operations chief Tony Gingiss apologized to staff for management's failure to save the SpaceX rival from insolvency.  ( 49 min )
    Stock futures edge lower, yields rise, gold gains: Stock market news today
    U.S. stock futures edged lower after another hiring report showed a slowdown in the private-sector.  ( 49 min )
    Over two-thirds of Gen Z are ‘nepo workers’—and men are more likely to benefit from nepotism, study shows
    It’s not only Hollywood’s stars who benefit from nepotism; Gen Z “nepo workers” are hurting meritocracy in the workplace.  ( 48 min )
    FedEx Restructures to Combine Ground and Express Delivery Networks
    The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith.  ( 25 min )
    A Giant Shoe Is About To Drop On You From The Banking Crisis
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    First came the return-to-office policies. Now comes the discipline: How companies are punishing work-from-home holdouts
    Gone are the encouraging incentives of 2022. Employers like Bloomberg are cracking down on employees who don’t return to the office.  ( 53 min )
    America only had a handful of billionaires 40 years ago. We’re now creating ‘centibillionaires’–and unless we tax them, trillionaires
    Taxing income from wealth at the same rate as income from work would be a critical step in the right direction.  ( 50 min )
    Dogecoin Futures Set Record After Twitter Adopts Token's Dog Logo
    Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms.  ( 48 min )
    Google-Owner Alphabet Says Its Chips Can Beat Nvidia’s. What This Means for AI.
    Scientists at Google said their supercomputer is up to 1.7 times faster than a system based on the A100 chip produced by Nvidia.  ( 23 min )
    How GM got 5,000 workers to leave their jobs within a month without a single layoff
    General Motors’ drive to make employees leave out of their own volition is working.  ( 49 min )
    Stocks are trying to cancel the recession. Wall Street isn't so sure.
    Stocks rebounded in the first quarter, but investors may want to hold off on their enthusiasm. The recent crisis surrounding regional banks, as well as new economic data, has led to fresh concerns of a recession.  ( 49 min )
    Made-in-India iPhones surge as Apple moves production away from China
    India-made iPhones surged in volume and value last year, as Apple moved to shift some production away from China in a bid to diversify its supply chain. In 2022, the shipment volumes of iPhones made in India grew 65 per cent year on year, while their value gained 162 per cent, according to a report published by market research firm Counterpoint last week. As a result, Apple last year accounted for 25 per cent of the value of India's total smartphone shipments, up from 12 per cent in 2021, accord  ( 48 min )
    Stocks Slide as Traders Fret Over Stagflation Risk: Markets Wrap
    (Bloomberg) -- Global stocks and US index futures dropped as hawkish messages from New Zealand and Australian central banks signaled a prolonged fight against inflation and revived concerns about a deeper economic slowdown.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaBernard Arnault’s Fortune Soars Past $200 Billion for First TimeUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentRead th  ( 50 min )
    These Stocks Are Moving the Most Today: J&J, C3.ai, Walmart, Exelixis, Conagra, and More
    Johnson & Johnson proposes to pay at least $8.9 billion to settle claims that its talcum powder causes cancer, while C3.ai extends losses after a short-seller alleges accounting issues at the software company.  ( 23 min )
    Trump’s Arrest Is Bad for Stocks. 1 Move to Make Now.
    It is difficult to ignore the poisoned politics polarizing America. The regional banking sector is particularly vulnerable to a debt-ceiling logjam.  ( 23 min )
    Top Investor Sees $2 Billion Adani Bet Delivering Returns Over 100%
    (Bloomberg) -- Rajiv Jain, one of the biggest names in emerging-market investing, cut across the grain last month when he bought almost $2 billion worth of Adani Group stock. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentBernard Arnault’s Fortune Soars Past $200 Billion for First TimeRead the New York Felony Indictment Against TrumpNow, t  ( 49 min )
    5 Staples Stocks With Lower Prices and Higher Yields
    Consumer staple stocks hold up better in recessions, and Barron's has screened for companies that are cheaper than the broader sector.  ( 23 min )
    Oversupply of cars to trigger price war, says UBS
    A glut of cars on the market is to trigger a price war among manufacturers as demand fails to keep pace with supply, analysts have forecast.  ( 48 min )
    Dow Jones Futures: AI Stock Keeps Sliding; Johnson & Johnson Rises
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    Gold Holds Surge Past $2,000 With Record High Suddenly in Sight
    (Bloomberg) -- Gold held its surge to a 13-month high and may test its record price, helped by a falling dollar, increasing haven bets and speculation aggressive monetary tightening in the US is nearing an end. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaRead the New York Felony Indictment Against TrumpJamie Dimon Warns US Ban  ( 49 min )
    A Microsoft HR boss wrote a legendary memo 30 years ago about lavish employee perks and cost-cutting that offers important lessons for today’s tech companies
    In the "Year of Efficiency," executives could take a page out of Microsoft's infamous "Shrimp and Weenie" memo.  ( 49 min )
    Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time
    (Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels for some time to quell inflation, with the exact level depending on how quickly price pressures ease.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaJamie  ( 49 min )
  • Open

    Lonen stegen in laatste veertig jaar niet zo sterk als in afgelopen kwartaal
    Werknemers voor wie in de afgelopen drie maanden een nieuwe cao is afgesloten, kregen er gemiddeld 5 procent salaris bij. Dat is de grootste loonstijging in veertig jaar, blijkt uit nieuwe cijfers van statistiekbureau CBS.  ( 3 min )
    Verkoop nieuwbouwhuizen eind vorig jaar gehalveerd
    In het laatste kwartaal van vorig jaar zijn 5.300 nieuwbouwhuizen en bouwkavels verkocht. Dat is 50,6 procent minder dan in dezelfde periode het jaar ervoor, blijkt uit cijfers van het CBS. Het is de grootste daling sinds het statistiekbureau acht jaar geleden de cijfers begon bij te houden.  ( 3 min )
    Credit Suisse-bankiers verliezen miljoenen aan bonussen na redding
    De Zwitserse regering dwingt af dat bestuurders en managers van Credit Suisse hun voor dit jaar geplande bonus helemaal of gedeeltelijk moeten inleveren. Dit gebeurt na de redding van de bank via een overname door UBS.  ( 3 min )
    Al 139 organisaties melden dat ze getroffen zijn door datalek
    De Autoriteit Persoonsgegevens (AP) heeft inmiddels 139 meldingen gekregen van organisaties die door datalekken zijn getroffen, blijkt uit een inventarisatie. Door die lekken zijn klantgegevens op straat komen te liggen. In veel gevallen gaat het om gegevens die de organisaties aan onderzoeksbureaus hadden verstrekt.  ( 4 min )
    We deden in maart massaal belastingaangifte, record komt in zicht
    De Belastingdienst kreeg in maart al 6,7 miljoen aangiftes binnen, bijna 400.000 meer dan vorig jaar. Daarmee ligt het aantal aangiftes op koers voor een nieuw record.  ( 4 min )
    Wereldhandel blijft groeien door heropening van Chinese economie
    De wereldwijde handel zal dit jaar sterker groeien dan verwacht, schrijft de WTO in een nieuw rapport. De wereldhandelsorganisatie voorspelt nu een groei van 1,7 procent. De oorlog in Oekraïne en de afkoeling van veel westerse economieën worden deels gecompenseerd door de afschaffing van coronamaatregelen in China.  ( 3 min )
    Nieuwe klap blijft bouw bespaard: rekenmethode stikstof niet aangescherpt
    Moet bij het beoordelen van een bouwproject ook worden gekeken naar de stikstofneerslag die buiten de grens van 25 kilometer vrijkomt? Het antwoord is nee, zo oordeelde de Raad van State vanochtend. Daarmee blijft een nieuwe klap voor de bouw voorlopig uit.  ( 5 min )
    Nieuwe grenscontroles Verenigd Koninkrijk moeten voor soepelere handel zorgen
    De Britse regering komt met nieuwe regels voor grenscontroles. Die moeten de handel met andere landen stroomlijnen en dierenziekten buiten de deur houden.  ( 2 min )
    Na een sombere maart lonken ineens nieuwe zonne-energierecords
    Maart was somber en zeer nat. Maar in april ging direct het roer om, met knalblauwe luchten en felle zon. Doordat die zon al hoog boven de hemel staat, zullen mensen met zonnepanelen een flink verschil in de opbrengst merken.  ( 5 min )
    KLM wint rechtszaak: aantal Schiphol-vluchten mag niet omlaag
    De Staat mag het maximale aantal vliegtuigbewegingen voor Schiphol dit jaar niet van 500.000 naar 460.000 verlagen. Dat heeft de rechtbank Noord-Holland bepaald in een kort geding dat was aangespannen door KLM en andere luchtvaartmaatschappijen.  ( 4 min )
    KLM wint rechtszaak: aantal vluchten Schiphol mag niet omlaag
    De Staat mag het maximale aantal vliegtuigbewegingen voor Schiphol dit jaar niet van 500.000 naar 460.000 verlagen. Dat heeft de rechtbank Noord-Holland bepaald in een kort geding dat was aangespannen door KLM en andere luchtvaartmaatschappijen.  ( 3 min )
    Dochterbedrijf J&J failliet door zaak rond mogelijk kankerverwekkend babypoeder
    Johnson & Johnson (J&J) vraagt opnieuw faillissement aan voor dochterbedrijf LTL Management. Het Amerikaanse bedrijf hoopt zo onder tienduizenden rechtszaken uit te komen.  ( 3 min )
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    Bankklanten in de eurozone hebben in februari een recordhoeveelheid geld van hun bankrekeningen gehaald. In totaal hebben bedrijven en particulieren 71 miljard euro opgenomen, meldt het FD op basis van gegevens van de Europese Centrale Bank (ECB).  ( 3 min )
    We betaalden vorig jaar 1 miljard euro belasting per dag
    Bij de overheid kwam vorig jaar 365,5 miljard euro aan belastingen en premies binnen. Dat komt neer op iets meer dan 1 miljard euro per dag. Het gaat niet alleen om btw, inkomstenbelasting en loonbelasting, maar ook bijvoorbeeld accijns en energiebelasting.  ( 3 min )
    Megawinkelcentrum trok bijna zestien miljoen bezoekers in eerste volle jaar
    Winkelwalhalla Mall of the Netherlands heeft in de eerste twaalf maanden dat het zonder coronabeperkingen open was ruim 15,5 miljoen bezoekers getrokken. En het megawinkelcentrum in Leidschendam denkt dat het er nog meer kunnen worden, vooral in de avonduren.  ( 4 min )
    Groei is eruit bij de tuincentra
    We kochten afgelopen jaar minder bloemen, planten en aanverwante spullen voor de tuin. De omzet voor de tuinbranche klom nog wel, met iets meer dan 3 procent tot iets meer dan 2 miljard euro. Maar dat komt door hogere prijzen, meldt Tuinbranche Nederland.  ( 3 min )
    We betaalden 1 miljard euro belasting per dag vorig jaar
    Bij de overheid kwam vorig jaar 365,5 miljard euro aan belastingen en premies binnen. Dat komt neer op iets meer dan 1 miljard euro per dag. Zo blijkt uit cijfers van statistiekbureau CBS. Het gaat om onder andere btw, inkomstenbelasting, loonbelasting, maar ook accijns en energiebelasting bijvoorbeeld.  ( 3 min )
    Meer Duitsers dan ooit komen vakantie vieren in Nederland
    Duitsers zijn helemaal terug van weggeweest in ons land. Dit jaar komen meer oosterburen dan ooit hier vakantie vieren. En we zullen ze veel tegenkomen, want volgens de nieuwste cijfers en inzichten gaat tegelijkertijd een recordaantal Nederlanders in eigen land op vakantie.  ( 5 min )
  • Open

    5 Things to Know Before Markets Open
    New private payroll jobs came in below expectation in March and shares of Johnson & Johnson are rising in pre-market trading after news of a settlement on legal claims over its talc products. Here’s what investors need to know today.  ( 1 min )
    Markets Drop on Fears of Slowing Growth
    U.S. equities fell as the Labor Department's JOLTS report showed a big drop in job openings, raising concerns about economic growth.  ( 1 min )
  • Open

    The Last Flight of Richard Branson's Virgin Orbit
    It’s the last flight for Virgin Orbit Holdings (VORB), as the struggling satellite launch company spun out of billionaire Sir Richard Branson’s Virgin Galactic in 2017 filed for bankruptcy after being unable to raise new capital.  ( 1 min )
    Feds Charge Financial Aid Website Founder With Fraud
    Federal authorities allege the founder of a financial aid website that JPMorgan Chase bought for $175 million in September 2021 created fake customer accounts to seal the deal.  ( 1 min )

  • Open

    Credit Risk: Definition, Role of Ratings, and Examples
    Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations. Learn how it works.  ( 16 min )
    Markets Drop on Fears of Slowing Growth
    U.S. equities fell as the Labor Department's JOLTS report showed a big drop in job openings, raising concerns about economic growth.  ( 11 min )
    Job-Seekers Face Slimmest Pickings in Over a Year As Workers’ Advantage Erodes
    Employers are slowly regaining the upper hand in the labor market, a chart of the job-workers gap shows.  ( 11 min )
    Fuzzy Logic: Definition, Meaning, Examples, and History
    Fuzzy logic is a mathematical logic that solves problems with an open, imprecise data spectrum. Read how to obtain accurate conclusions with fuzzy logic.  ( 18 min )
    Top CD Rates Today, April 4
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    Feds Charge Financial Aid Website Founder With Fraud
    Federal authorities allege the founder of a financial aid website that JPMorgan Chase bought for $175 million in September 2021 created fake customer accounts to seal the deal.  ( 12 min )
    How the Sears Credit Card Works: Benefits and Rewards
    Sears offers several types of store cards, each with its own rewards and benefits programs.  ( 21 min )
    What Is an ATM and How Does It Work?
    An ATM, or automated teller machine, is an electronic banking outlet for completing basic transactions without going into a bank branch. Learn how an ATM works.  ( 18 min )
    Save for a Down Payment or Pay Off Student Loans?
    How to decide whether to pay off your student debt faster or save your money for a down payment on a home.  ( 18 min )
    Top Financials Stocks for April 2023
    Jackson Financial, Ambac Financial Group, and Waterdrop lead financials stocks for best value, fastest growth, and most momentum, respectively.  ( 15 min )
    Happy Graduation! Your Loan Payback Grace Period Is 6 Months
    Student loan grace periods allow time to prepare for loan repayment. Learn how student loan grace periods work and how to create a loan payoff plan.  ( 19 min )
    Top Communications Stocks for April 2023
    Sinclair Broadcast Group, Dave & Buster's Entertainment, and Opera lead for best value, fastest growth, and most momentum, respectively.  ( 16 min )
    Financial Customers Seek Better Service, Solid Advice
    Consumers expect better financial guidance in a struggling economy, JD Power says in satisfaction survey  ( 11 min )
    Top Consumer Staples Stocks for April 2023
    These are the consumer staples stocks with the best value, fastest growth, and most momentum heading into April.  ( 14 min )
    The Most Crucial Financial Ratios for Penny Stocks
    Given adequate financial disclosure, investors can use some of the same financial ratios for valuing blue chip stocks to evaluate penny stocks.  ( 16 min )
    Net Interest Margin Securities (NIMS)
    A net interest margin security (NIMS) is a security that allows holders to access excess cash flows from securitized mortgage loan pools.  ( 14 min )
    How Much Do Mortgage Brokers Make?
    Mortgage brokers connect borrowers with lenders. They are typically paid 1% to 2% of the loan amount by either the borrower or the lender.  ( 17 min )
    The Last Flight of Richard Branson's Virgin Orbit
    It’s the last flight for Virgin Orbit Holdings (VORB), as the struggling satellite launch company spun out of billionaire Sir Richard Branson’s Virgin Galactic in 2017 filed for bankruptcy after being unable to raise new capital.  ( 11 min )
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    Technical analysis of stocks and trends is the study of historical market data, including price and volume, to predict future market behavior.  ( 17 min )
    QQQQ: Definition, Composition, and Current Ticker
    QQQQ is the original ticker symbol for the Nasdaq 100 Trust, an ETF that offers exposure to the tech sector by tracking the Nasdaq 100 Index. It's been replaced by QQQ.  ( 16 min )
    Euro Deposit Definition
    A euro deposit is a deposit of foreign currency into a European bank account within the eurozone.  ( 13 min )
    Personal Loan Rates & Trends, Week of April 3: Rates Edge Up
    Personal loan rates reversed a bit of their two-week decline, with a mild increase in this week's average rate. Those with Fair credit saw the biggest rate bump.  ( 11 min )
    Job Openings Fell in February to the Lowest in Almost Two Years
    The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) showed 9.93 million positions were available at the end of the month, a decline of 632,000 from January. That was well below economists’ forecasts and the fewest since May of 2021.  ( 11 min )
    Manhattan Residential Real Estate Shows Signs of Thawing
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    Today's Mortgage Rates & Trends - April 4, 2023: Rates Dip
    The 30-year mortgage average declined a tenth of a point, its first double-digit change in a week. Rates on most other loan types were also down for the day.  ( 12 min )
    Common Things That Improve or Lower Credit Scores
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    Who Owns Amazon? Top Shareholders & Owners
    The top shareholders of Amazon are Jeff Bezos, Andrew Jassy, Jeffrey Blackburn, Advisor Group, Vanguard Group, and BlackRock.  ( 17 min )
    5 Things to Know Before Markets Open
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    Participate in an Employer-Sponsored Retirement Plan
    By participating in your employer-sponsored retirement plan, you earn several benefits. Here are three reasons to sign up.  ( 16 min )
    The Complete Guide to Financing an Investment Property
    If you’re considering adding an investment property to your portfolio, these are your options for financing its purchase.  ( 16 min )
  • Open

    Shell Stock Crosses Winning Threshold; Q4 Profits Leapt 67%
    No content preview
    Frank Founder Javice, Who Says JPMorgan Scapegoated Her, Is Charged With Fraud
    (Bloomberg) -- Frank founder Charlie Javice was released on a $2 million bond after being charged with defrauding JPMorgan Chase & Co. in its $175 million acquisition of the college financial-planning site by vastly inflating the number of its users.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaJamie Dimon Warns US Banking Crisi  ( 50 min )
    Billionaire Leon Cooperman Warns of More Economic Turbulence Ahead — He’s Using These 2 Stocks for Protection
    We’re in a turbulent economic environment right now, and the headwinds are piling together, putting up an ominous cloud on the financial horizon. Billionaire Leon Cooperman, the CEO of Omega Advisors, has noted the coming storm, and sees the commercial real estate market as the eye of the developing hurricane. In Cooperman’s view, several factors are about to hit hard at commercial real estate: first, declining occupancy rates; second, rising interest rates; and third, reduced credit access in a  ( 51 min )
    Virgin Orbit stock closes at 15 cents after filing for bankruptcy protection
    Virgin Orbit (VORB), the satellite startup which spun out of Virgin Galactic in 2017, closed at 15 cents a share on Tuesday after filing for Chapter 11.  ( 47 min )
    First Republic Loses $10.8 Billion Advisor Team to Morgan Stanley
    The top-ranked team jumped to Morgan Stanley after spending less than three years at First Republic.  ( 22 min )
    J&J proposes paying $8.9B to settle talcum powder lawsuits
    Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability. Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history. The $8.9 billion that J&J would transfer to the subsidiary, LTL Management, would be payable over the next 25 years.  ( 48 min )
    C3.ai Stock Swoons as Short Seller Alleges Accounting Issues
    Kerrisdale Capital said in a letter to the accountants for C3.ai that the company is overstating revenue and margins. The company denied wrongdoing.  ( 23 min )
    Gold Prices Are Near All-Time Highs. 3 Reasons for the Rise.
    Everything is going right for the shiny metal. It has gained 12% over the past month.  ( 23 min )
    McDonald’s Plans Remote Layoffs. What HR Experts Say About the Practice.
    Remote layoffs have become more common since the pandemic as employees worked from home. But some workplace experts have called the practice insensitive.  ( 23 min )
    Natural Gas Is the Big Loser From OPEC’s Production Cut
    Prices slipped 5.4% on Monday, and were up a penny on Tuesday to $2.11 per million British thermal units. They are down 53% on the year.  ( 28 min )
    Dow Jones Falls On Recession Fears; AI Stock Crashes, Many Groups Sell Off
    No content preview
    Top CD Rates Today, April 4
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 13 min )
    J&J to Pay $8.9 Billion to Settle Talc-Cancer Lawsuits
    (Bloomberg) -- Johnson & Johnson said it agreed to pay $8.9 billion to resolve all cancer lawsuits tied to its talc-based powders and will make a fresh attempt to contain the liability within a bankruptcy filing by one of its units. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaJamie Dimon Warns US Banking Crisis Will Be Felt for YearsGoogle Wants You to Never Overpay for a Flight AgainStocks Halt Wi  ( 49 min )
    Johnson & Johnson to Settle Talc Claims for $8.9 Billion. The Stock Is Jumping.
    In a press release, the company said that its subsidiary, LTL Management, would refile for bankruptcy protection.  ( 23 min )
    Here's how many U.S. workers ChatGPT says it could replace
    An outplacement firm asked the artificial intelligence bot how many humans it thinks it will put out of work.  ( 47 min )
    Alibaba's Split-Up Brings Back Cash Inflow Into China's Bourses
    Alibaba Group Holding Limited's (NYSE: BABA) recent restructuring has been pivotal in driving foreign investors toward China's bourses. Exchange data shows net foreign buying of mainland-listed stocks daily since Alibaba shared its plans to split up and float its business units last week, Reuters reports. The stock gained 17% in the last half after losing over 16% last year. The inflow may reflect a shift in sentiment among foreign investors who have been notably absent while China's markets and  ( 47 min )
    Dow Jones Falls, Meme Stocks Dive As Amazon Rises On $130 Billion Opportunity
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    Pfizer Slapped With Additional Patent Infringement Lawsuit Over Its Famed COVID-19 Shots
    Arbutus Biopharma Corporation (NASDAQ: ABUS) and its licensee Genevant Sciences have sued Pfizer Inc (NYSE: PFE) and its partner BioNTech SE (NASDAQ: BNTX) in the U.S. District Court for the District of New Jersey, seeking damages for infringement of five U.S. patents. Arbutus and Genevant Sciences seek compensation for the unlicensed use of patented lipid nanoparticle (LNP) delivery technologies in Pfizer/BioNTech's famed COVID-19 vaccine. The lawsuit by Arbutus and Genevant says Pfizer/BioNTec  ( 47 min )
    One Shale Executive Correctly Called OPEC+’s Surprise Output Cut
    (Bloomberg) -- OPEC+’s decision to cut production this past Sunday shocked traders around the world and heightened worries of a rebound in inflation, but one Texas shale executive forecast the move — almost exactly — back in January. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaRead the New York Felony Indictment Against TrumpJ  ( 47 min )
    C3.ai Stock Swoons as Short Seller Alleges Accounting Issues
    Kerrisdale Capital said in a letter to the accountants for C3.ai that the company is overstating revenue and margins. The company denied wrongdoing.  ( 23 min )
    Stratasys Bags New Takeover Offer From Nano Dimension At 41% Premium
    Polymer 3D printing solutions provider Stratasys Ltd. (NASDAQ: SSYS), on April 4, 2023, received a revised takeover offer from Nano Dimension Ltd. (NASDAQ: NNDM) of $20.05 per share in cash. Under the terms of the new proposal, Nano Dimension would acquire the remaining shares of Stratasys it does not currently own for an aggregate of approximately $1.22 billion. The offer price of $20.05 represents a premium of 41% to the closing trading price of Stratasys as of March 3, 2023, the last trading  ( 47 min )
    New IRS rules for claiming the EV tax credit in 2023
    The IRS is offering EV tax credit for 2023. Here's how much you could get for your Tesla, and which models qualify.  ( 49 min )
    Don't Expect CVS Health Stock to Sustain Latest Rally
    CVS stock is fresh off a two-year low  ( 47 min )
    Morgan Stanley analysts are forecasting something ‘worse than in the Great Financial Crisis’ for commercial real estate
    Over $1.4 trillion of CRE mortgages have to be refinanced in the next two years, and a huge amount is owed to regional banks, Morgan Stanley says.  ( 47 min )
    Is Social Security income taxable by the IRS? Here's what you might owe on your benefits
    How is Social Security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.  ( 49 min )
    Pimco’s Browne Says US Stocks Ignore Threats of Recession, Banks
    (Bloomberg) -- There’s a rally in the US bond market and there’s a rally in the US stock market. Pimco’s Erin Browne wants investors to understand only one of them is likely to continue.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaBernard Arnault’s Fortune Soars Past $200 Billion for First TimeUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentRead the New York Felony Indictment Against  ( 49 min )
    What are the IRS tax brackets? What are the new federal tax brackets for 2023? Answers here
    2022 US federal tax bracket guide: Which tax bracket am I in for 2022? What are the new IRS tax brackets for 2023?  ( 50 min )
    Toronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the Line
    (Bloomberg) -- Turns out, the biggest short in the banking industry anywhere in the world isn’t in Switzerland or Silicon Valley, but rather, in the relatively tame financial center of Canada.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaJamie Dimon Warns US Banking Crisis Will Be Felt for YearsGoogle Wants You to Never Overpay for a Flight AgainA Kingdom Built on Oil Now Controls the World’s Climate  ( 49 min )
    Down More Than 60%: Analysts Say Buy These 3 Beaten-Down Stocks Before They Rebound
    Stock markets offer one of the great paradoxes of life – that when conditions grow difficult and prices fall, opportunities for profit will appear. For investors, it’s a chance to cash in – after a proper look into the nuts and bolts behind a market decline. As always with stocks, informed decisions are the most likely to pan out. To jumpstart that due diligence, we can check in with Wall Street’s analysts. These are the pros, the equity experts who’ve built their reputations learning and analyz  ( 52 min )
    GM passes Ford to take No. 2 spot in EV sales behind Tesla
    General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race. Ford sold only 10,866 EVs during the quarter, but the company said that's largely because it had to stop making the top-selling Mustang Mach-E electric SUV while it retooled a factory in Mexico to increase production. Spokesman Said Deep said the company didn't build Mach-Es for seven weeks during the quarter, cutting into sales. Also, Ford was forced to stop making the F-150 Lightning electric pickup in February after a battery caught fire during a pre-delivery quality check.  ( 48 min )
    Tim Cook’s no-layoff strategy wears thin as Apple presents some workers with a choice: Reapply for their job or get laid off
    Apple has so far avoided mass layoffs. Now it’s eliminating corporate retail jobs across its development and preservation teams.  ( 47 min )
    VBI Vaccines Announces Cost Cutting Measures, Reverse Stock Split
    VBI Vaccines Inc (NASDAQ: VBIV) plans to focus concentrating on broadening access to VBI's FDA-approved 3-antigen HBV vaccine for adults, PreHevbrio [Hepatitis B Vaccine (Recombinant)], and advancing its HBV immunotherapeutic candidate, VBI-2601. The company will reduce its internal workforce by 30-35% – a reduction expected to begin in April and be complete by the end of June 2023. VBI also expects its operating expenses from normal business to be 30-35% lower in the second half of 2023 than in  ( 47 min )
    Gold Prices Near All-Time High. 3 Reasons for the Rise.
    Everything is going right for the shiny metal.  ( 23 min )
    Jamie Dimon says the ‘frayed American dream’ can only be fixed in 2 ways: Bridging the skills gap and paying people more
    America is rife with policy errors that need to be remedied, the JPMorgan Chase CEO wrote in his annual shareholder letter.  ( 48 min )
    Natural Gas Is the Big Loser From OPEC’s Production Cut
    Prices slipped 5.4% on Monday, and were up a penny on Tuesday to $2.11 per million British thermal units. They are down 53% on the year.  ( 23 min )
    The Last Flight of Richard Branson's Virgin Orbit
    It’s the last flight for Virgin Orbit Holdings (VORB), as the struggling satellite launch company spun out of billionaire Sir Richard Branson’s Virgin Galactic in 2017 filed for bankruptcy after being unable to raise new capital.  ( 12 min )
    Trump's indictment hits net worth, Truth Social
    Former President Donald Trump’s net worth has fallen from $3.2 billion last fall to $2.5 billion today after being indicted and losing money on social media venture Truth Social.  ( 48 min )
    Amazon Is a Leader in the Next Hundred Billion Dollar Market, Says Morgan Stanley
    Morgan Stanley analyst Matthew Cost says Amazon will benefit from a surge in retail media advertising, which could hit $130 billion by 2025.  ( 23 min )
    A New Boeing Rating Drags Down the Stock. Production Is What It’s All About.
    The downgrade from Northcoast analyst Chris Olin comes only three weeks after he initiated coverage.  ( 23 min )
    Stock Market Slides On New Bank Fears After JPMorgan Predicts Crisis
    No content preview
    Charlie Javice, the founder accused of fraud by JPMorgan, is arrested as DOJ files criminal charges
    Charlie Javice sold Frank, the financial aid startup she founded, to JPMorgan Chase in September 2021 for $175 million. Now she could go to jail for allegedly committing fraud.  ( 49 min )
    Inverted US Yield Curve Set to Worsen, Says PGIM’s Greg Peters
    (Bloomberg) -- The US yield curve is set to invert even further, barring a rapid drop in inflation, according to Greg Peters, co-chief investment officer at PGIM Fixed Income.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaRead the New York Felony Indictment Against TrumpJamie Dimon Warns US Banking Crisis Will Be Felt for YearsPe  ( 48 min )
    Stocks Slump as Job Openings Fall
    U.S. stock indexes and oil prices declined while investors parsed fresh data on the health of the U.S. economy.  ( 27 min )
    Gen Z is approaching a ‘student loan cliff’ that could send shockwaves across the American economy
    Millions of Gen Zers are about to start paying off their student loan debt for the first time. It will be a "shock" to their household budgets.  ( 49 min )
    Russia Warns As Finland Joins NATO, Spotify Highlights Struggle With Live Audio, Anticompetitive Charges Against Activision Blizzard: Today's Top Stories
    Benzinga Finland Joins NATO Doubling Border Length, Russia Issues Warning The Finland foreign minister signed the accession document, and Finland has become the 31st member of the North Atlantic Treaty Organization (NATO) security alliance. The move is a strategic and political blow to Russia's Vladimir Putin, who has repeatedly complained about NATO's expansion toward Russia and partly used that as a justification for invading Ukraine. Dogecoin Fans Ask Elon Musk To Take It To The Moon As Offic  ( 50 min )
    Frank startup founder Charlie Javice arrested, charged with fraud
    Regulator says now-shuttered student-loan assistance company fabricated data to entice JPMorgan Chase into sale.  ( 48 min )
    AMC, APE shares closer to conversion following settlement
    AMC Entertainment Holdings has settled a shareholder lawsuit over its plans to convert the move theater chain's "APE" preferred equity units into shares of common stock.  ( 47 min )
    Bed Bath & Beyond Is a Penny Stock. Why Wall Street Still Covers It.
    Jefferies analyst Jonathan Matuszewski cut his target on Bed Bath stock to 50 cents from $3 on Tuesday. He's one of only eight analysts left who cover the embattled retailer.  ( 23 min )
    C3.ai Shares Drop After Short-Seller Alleges ‘Accounting Issues’
    (Bloomberg) -- Shares of C3.AI fell the most ever after short-seller Kerrisdale Capital alleged “serious accounting and disclosure issues” at the enterprise software developer.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainJamie Dimon Warns US Banking Crisis Will Be Felt for YearsCredit Suisse Chairman ‘Truly Sorry’ for Failure to Stem CrisisThe comp  ( 47 min )
    C3.ai Tumbles On Kerrisdale Capital's Letter To Auditor
    No content preview
    Wall Street hasn’t been this pessimistic about stocks in years, says the Bank of America analyst who predicted the market slump
    It comes after an analyst at J.P. Morgan warned the market will “turn south and get much worse.”  ( 48 min )
    Billionaire Israel Englander Goes Big on These 2 ‘Strong Buy’ Stocks
    In this uncertain market environment, the educated investor would do well to seek out some signal that can cut through the noise and indicate the sound stock purchase choices. Following the legendary investors, the traders who build multi-billion dollar fortunes on the stock market trading scene, is a popular strategy. Among these Wall Street titans is Israel “Izzy” Englander. Englander serves as the Chairman, CEO and Co-Chief Investment Officer of Millennium Management, the hedge fund he founde  ( 49 min )
    Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose
    The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better choice in the current economic climate? Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, has weighed in on the great Bitcoin vs. gold or digital gold vs. real gold deba  ( 49 min )
    China’s New Tech Weapon: Dragging Its Feet on Global Merger Approvals
    Beijing is holding back its required green light for mergers that involve American companies as a technology war with Washington intensifies.  ( 27 min )
    Feb job openings slip to 9.9M; a win in inflation fight?
    U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve. Vacancies fell from 10.6 million in January, the Labor Department said Tuesday, notably in healthcare and in professional services, which includes managerial and technical jobs. The American job market has proven resilient in the face of sharply higher interest rates.  ( 48 min )
    Top Dividend Stock: Phillips 66 Back On Track After OPEC Cut And Dividend Hike
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    Meta Is the Hottest Tech Stock in the Market Right Now
    (Bloomberg) -- A leaner Meta Platforms Inc. is impressing Wall Street, with analysts turning more bullish as cost cuts coupled with stabilizing advertising trends make the Facebook owner’s stock look more durable in a looming economic slowdown.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesToronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the LineChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaJamie Dimon Warns US Banking Crisis Will  ( 49 min )
    JPM's Dimon: Let's avoid 'whack-a-mole' response to SVB banking crisis
    JPMorgan Chase CEO told shareholders in his annual letter that it's unlikely that tighter regulations would have stopped the deposit run at Silicon Valley Bank.  ( 49 min )
    Great Resignation becomes Great Regret as workers long for their pre-Covid jobs
    Most office workers who quit their jobs during the pandemic now regret the decision, with almost three quarters pining for their pre-Covid roles.  ( 48 min )
    How Long Will $4 Million Last Me in Retirement?
    Budgeting for retirement can be more challenging than budgeting for life with a job. You start with a number you think will do the trick and hope that unforeseen circumstances don't drain your savings too early. Similarly, you might not … Continue reading → The post How Long Will $4 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 51 min )
    Is Ireland vulnerable again as the world’s vast shadow banking system starts to crack?
    Shadow banking is the dog that has not barked during the latest global spasm of financial stress. This is very fortunate, especially for small countries such as Ireland that have bet the farm on this industry.  ( 52 min )
    Virgin Orbit Files for Bankruptcy Protection After Failing to Get Funding
    Virgin Orbit files for Chapter 11 bankruptcy after failing to secure needed funding. It will try to sell its assets after laying off most of its staff last week.  ( 23 min )
    AMD, Airbnb, and 11 Other Growth Stocks for the Economy’s Uglier Next Phase
    Nvidia, Meta Platforms, Tesla, Advanced Micro Devices, and Salesforce.com each returned 50% or more last quarter. The next gains may be less broadly based.  ( 23 min )
    EUR/USD Forecast – Euro Gives Up Early Gains
    The Euro has initially shot higher during the trading session on Tuesday, to break above the 1.09 level. That being said, we are seeing pushback rather quickly.  ( 48 min )
    A Crazy Weekend of EV Deliveries From Tesla, Rivian Taught Us a Few Things
    Tesla needs a lower-priced vehicle, and incentives matter are among the lessons learned.  ( 23 min )
    Dow Jones Futures Rise Ahead Of Economic Data; Tesla Bounces Amid China Sales
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    Hestia Announces Pitney Bowes Interim CEO Candidate, Targets $15+ Share Price — Letter
    Activist Hestia Capital Management, LLC names Lance Rosenzweig as interim CEO candidate at Pitney Bowes, Inc. (NYSE: PBI) CorpGov reviewed letter from Mr. Rosenzweig to Pitney Bowes shareholders ahead of May 9 annual meeting Hestia seeks five seats total which would give it control of the board of directors Letter includes turnaround strategy designed to […] The post Hestia Announces Pitney Bowes Interim CEO Candidate, Targets $15+ Share Price — Letter appeared first on CorpGov.  ( 49 min )
    Stock futures, oil prices edge higher: Stock market news today
    U.S. stock futures, oil prices march higher ahead of JOLTS job openings and factory orders data on tap this morning.  ( 48 min )
    Branson’s Rocket-Launch Firm Virgin Orbit Files for Bankruptcy
    (Bloomberg) -- Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff. Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskBillionaire Blocked Fr  ( 50 min )
    Analysts Predict A Blow-Out First-Quarter Profit From 11 Stocks
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    The WWE-Endeavor merger unlocks 5 'areas of significant potential': BofA
    There is a lot to like in the massive WWE/Endeavor merger.  ( 47 min )
    Investors Unloaded Saudi Arabian Bonds After Surprise OPEC+ Move
    (Bloomberg) -- Investors have been unloading bonds from Saudi Arabia and other Gulf states since a surprise OPEC+ production cut on the weekend sent the price of oil surging, an unusual move that traders say reflects how expensive the region’s debt has become.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-Barrel Cut in New I  ( 48 min )
    Stocks Advance as Concerns Over Rate Hikes Recede: Markets Wrap
    (Bloomberg) -- US index futures and global stocks rose amid signs inflation expectations are receding and central banks are no longer in a rush to accelerate monetary tightening.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaContr  ( 50 min )
    Jamie Dimon on Banking Turmoil: ‘This Wasn’t the Finest Hour for Many Players’
    The JPMorgan CEO says regulations need tweaking following the failures of Silicon Valley Bank and Signature.  ( 26 min )
    Jamie Dimon Jabs Fed Over US Bank Crisis ‘Hiding in Plain Sight’
    (Bloomberg) -- Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskBillionaire Blocked From His New Palace Blasts ‘Soc  ( 50 min )
    A Crazy Weekend of EV Deliveries From Tesla, Rivian Taught Us a Few Things
    Tesla needs a lower-priced vehicle, and incentives matter are among the lessons learned.  ( 23 min )
    $2 Billion Loss at Sweden’s Pension Fund Has Stocks Chief Put on Leave
    (Bloomberg) -- The fallout from almost $2 billion of investment losses at Sweden’s biggest pension fund gathered pace on Tuesday as Alecta put its equities chief on leave and announced it would scale back large stakes in companies far away from its home market.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-Barrel Cut in New  ( 50 min )
    Lithium Prices Are Down, Cheaper Batteries and EVs Could Follow
    The key ingredient in batteries has fallen more than 30% after a big rally.  ( 26 min )
    As Alibaba plans break-up, employees worry about its impact on units not focused on e-commerce
    Alibaba Group Holding's recent decision to split its US$257 billion business empire into six independently-run units has been largely welcomed by investors, but internally, some employees are worried about the future of less profitable departments and job security. The Hangzhou-based tech giant last week announced its plan to restructure the firm into half a dozen entities, each reporting to their own CEOs and responsible for their own funding. The units include cloud computing, Chinese commerce  ( 49 min )
    Record Tesla Sales in This Country Mean Almost 90% of March Car Sales Were EVs
    Tesla's Model Y set a new monthly record for car sales in Norway, a leader in the electric-vehicle transition.  ( 23 min )
    AMC Tumbles After Meme Stock Agrees Settlement Over ‘APE’ Conversion
    AMC Entertainment stock tumbled early Tuesday but its preferred shares soared as the movie-theater operator said it reached a settlement with shareholders over its planned stock conversion.  ( 23 min )
    These Stocks Are Moving the Most Today: AMC, Virgin Orbit, Marathon Oil, Walmart, and More
    AMC Entertainment reaches a settlement that will allow it go ahead with converting its AMC Preferred Equity units into common shares, while Virgin Orbit files for Chapter 11 bankruptcy protection.  ( 23 min )
    Virgin Orbit Files for Bankruptcy Protection After Failing to Get Funding
    Virgin Orbit files for Chapter 11 bankruptcy after failing to secure needed funding. It will try to sell its assets after laying off most of its staff last week.  ( 23 min )
    Bank Deposits Are Holding Steady. 3 Stocks Worth a Look.
    Analysts at Hovde Group like CVB Financial, Western Alliance, and Wintrust Financial.  ( 23 min )
    Bitcoin dips as Binance rumors surface, Twitter embraces the Doge
    Welcome to The Daily Forkast – April 4, 2023 – presented by Angie Lau. Bitcoin and most cryptocurrencies dipped after unverified rumors alleging that Interpol had issued a red alert for Binance’s Changpeng Zhao surfaced earlier today. However, Dogecoin rallied to the highest level in a month after Elon Musk changed Twitter’s icon to the […]  ( 46 min )
    Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
    The company says it is working toward finding a buyer.  ( 25 min )
    Credit Suisse shareholders get last crack at annual meeting
    Once-venerable Credit Suisse is heading into a possible firestorm Tuesday as shareholders meet for what is shaping up to be their last crack at managers following a colossal collapse of the bank’s stock price over the last decade and as rival UBS is set to gobble up the 167-year-old Swiss lender at a bargain-basement price. Political leaders, financial regulators and the central bank feared a teetering Credit Suisse could further roil global financial markets following the collapse of two U.S. banks. The annual general meeting, the first held in person in four years because of the COVID-19 pandemic, takes place at a Zurich hockey arena where notables like former U.S. President Barack Obama and rapper Post Malone are scheduled to headline later this month.  ( 49 min )
    13 Growth Stocks for the Economy’s Uglier Next Phase
    Nvidia, Meta Platforms, Tesla, Advanced Micro Devices, and Salesforce.com each returned 50% or more last quarter. The next gains may be less broadly based.  ( 23 min )
    Why the Saudis are siding with Putin to drive up oil prices
    During his presidential campaign Joe Biden pledged to make Saudi Arabia an international pariah. Then came sky high inflation and a war. In July, Biden swallowed his words and travelled to Jeddah to meet the Crown Prince Mohammad Bin Salman.  ( 51 min )
    Bitcoin dips, Ether gains, Dogecoin soars following Twitter icon change
    Bitcoin dipped below US$28,000 in mixed Tuesday morning trading in Asia. Ether rose. Dogecoin surged after Elon Musk switched the Twitter icon to Dogecoin's Shiba Inu.  ( 48 min )
  • Open

    Farmaceut J&J schikt voor miljarden in zaak rond mogelijk asbest in babypoeder
    Farmaceut Johnson & Johnson betaalt 8,9 miljard dollar (zo'n 8,1 miljard euro) in een zaak over mogelijk kankerverwekkend babypoeder. Het Amerikaanse bedrijf hoopt met die schikking onder tienduizenden rechtszaken uit te komen.  ( 3 min )
    Motor- en camperrijder hoeven niet meer achter tegenpartij aan voor schadeclaim
    Na een aanrijding hoeven bezitters van motoren en campers niet meer achter de aansprakelijke tegenpartij aan voor een schadeclaim. Verzekeraars gaan dat voor hen doen. Dat doen ze al voor klanten met WA-verzekerde auto's en scooters.  ( 3 min )
    Musk niet langer bovenaan rijkenlijst, vermogen Trump krijgt een tik
    Tesla-eigenaar Elon Musk heeft zijn eerste plek op de rijkenlijst van zakenblad Forbes moeten afstaan aan de Fransman Bernard Arnault. De eigenaar van luxeconcern LVMH zag zijn vermogen vorig jaar groeien naar 211 miljard dollar (192 miljard euro). De bezittingen van de Amerikaanse oud-president Donald Trump werden juist fors minder waard.  ( 4 min )
    Kabinet hoopt op statiegeldboete voor Heineken en Grolsch
    Het kabinet hoopt dat de Inspectie Leefomgeving en Transport (ILT) bierbrouwerijen Heineken en Grolsch een flinke boete oplegt, omdat ze nog geen blikjes met statiegeld op de markt brengen.  ( 3 min )
    Energietarieven onder prijsplafond steeds vaker beschikbaar
    Een op de drie klanten die nu een nieuw variabel energiecontract afsluiten, heeft nu tarieven die lager liggen dan het prijsplafond van de overheid. Dat is al twee keer zoveel als begin maart, constateert toezichthouder ACM (Autoriteit Consument & Markt). Langzamerhand komen lagere tarieven en vaste contracten vaker beschikbaar.  ( 3 min )
    Ook Pensioenfonds Zorg & Welzijn getroffen door datalek bij marktonderzoeker
    De persoonsgegevens van ongeveer 95.000 deelnemers van Pensioenfonds Zorg & Welzijn (PFZW) zijn mogelijk gelekt. De data zijn buitgemaakt bij een cyberaanval waar eerder de NS, VodafoneZiggo en De Vrienden van Amstel LIVE slachtoffer van werden.  ( 4 min )
    Nintendo gaat Switch-controllers ook buiten garantieperiode gratis repareren
    Nintendo gaat kapotte Switch Joy-Con-controllers ook buiten de garantieperiode gratis repareren. Het Japanse gameconcern heeft dat besloten na tienduizenden klachten en druk van de Europese Commissie.  ( 4 min )
    Poetin staat betaling aan Shell voor groot Russisch gasproject toe
    Shell krijgt alsnog geld voor het belang dat het bedrijf had in het Russische gasproject Sakhalin-2. Daar heeft president Vladimir Poetin toestemming voor gegeven. Dat meldt de Russische krant Kommersant.  ( 3 min )
    Prijs voor een liter benzine weer boven de 2 euro
    In het kielzog van de sterk gestegen olieprijzen, gaan de prijzen aan de pomp ook weer omhoog. De gemiddelde landelijke adviesprijs voor een liter Euro95 is weer boven de 2 euro beland, blijkt uit gegevens van UnitedConsumers (UC).  ( 3 min )
    Schiphol gooit het roer om: geen nachtvluchten en privéjets meer
    Schiphol wil helemaal af van de nachtvluchten en vluchten met privévliegtuigen. Ook hoeft er van de luchthaven geen tweede Kaagbaan te komen.  ( 4 min )
    Cybercriminelen krijgen toegang tot gegevens van KNVB-medewerkers
    De Nederlandse voetbalbond KNVB is getroffen door een cyberaanval. Door een inbraak op het ICT-netwerk van de KNVB Campus in Zeist hebben criminelen persoonlijke gegevens van KNVB-medewerkers in handen gekregen.  ( 3 min )
    Nederlandse bank bunq wil naar Verenigde Staten
    Bunq wil uitbreiden naar de Verenigde Staten. De Nederlandse online bank heeft daar een bankvergunning aangevraagd. Het bedrijf gaat zich in de VS vooral richten op Europese expats.  ( 3 min )
    Kort geding over datalek: Blauw eist openheid van softwareleverancier Nebu
    Een groot datalek kwam vorige week aan het licht, en daarover vindt dinsdagmiddag bij de rechtbank van Rotterdam een kort geding plaats. Marktonderzoeksbureau Blauw wil van softwareleverancier Nebu weten welke data is uitgelekt en hoe dat heeft kunnen gebeuren. Dat bedrijf hult zich tot nu toe in stilzwijgen.  ( 5 min )
  • Open

    Merger of WWE and UFC Operator Creates New Sports Entertainment Giant
    World Wrestling Entertainment (WWE) and Endeavor Group Holdings (EDR), the operator of the UFC combat sports, announced on Monday the merger of UFC and WWE to form a new, multi-billion dollar global live sports and entertainment company.  ( 1 min )
    Regulators Tell Illumina to Unwind GRAIL Deal
    Shares of Ilumina (ILMN) dropped as the Federal Trade Commission (FTC) ordered the biotech firm to unwind its purchase of cancer test provider GRAIL.  ( 1 min )
    Extra Space Storage Buys Life Storage for $12.7Bf
    Extra Space Storage (EXR) announced on April 3, 2023, that it would buy rival Life Storage (LSI) in an all-stock transaction.  ( 1 min )
  • Open

    Analysts Cut Q1 Earnings Expectations Despite Rising Markets
    Analysts cut EPS estimates for S&P 500 companies 6.3% for Q1, a wider margin than many past years, amid bank liquidity and recession concern.  ( 1 min )
    Markets Open Q2 Mixed as Oil Prices Soar
    U.S. equities began the new month and quarter mixed on April 3, 2023, as oil prices skyrocketed on an OPEC+ production cut.  ( 1 min )
    5 Things to Know Before Markets Open
    Richard Branson's Virgin Orbit files for Chapter 11 bankruptcy and JP Morgan's Jamie Dimon warns that the banking crisis will have “repercussions for years to come." Here’s what investors need to know today.  ( 1 min )

  • Open

    Buy These Clean Energy Stocks, Morgan Stanley Says, Forecasting Over 100% Upside
    Renewable Energy Stocks Becoming More Valuable Right now, we’re at the cusp of a world-changing shift in the green energy economy, as both social and political will have come together to promote a switch from traditional fossil fuels to sustainable and environmentally friendly energy sources. For investors, this shift can open up new vistas of opportunity. Morgan Stanley’s Andrew Percoco believes that the opportunity in clean energy is substantial. The analyst maintains a ‘constructive’ view of  ( 49 min )
    Top Materials Stocks for April 2023
    These are the materials stocks with the best value, fastest growth, and most momentum heading into April 2023.  ( 16 min )
    Tesla Slumps on EV Credit Change Despite Record Deliveries
    Tesla shares slumped despite delivering record deliveries after the US updated eligibility for EV tax credits, potentially threatening the company's growth prospects.  ( 12 min )
    AMC Stock Dives, APE Preferred Shares Soar On Stock Conversion Settlement
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    Bitcoin Drops to $27.5K While Dogecoin Spikes After Twitter Logo Change
    BTC needs a catalyst to break the $30,000 threshold. DOGE spikes after Twitter CEO Elon Musk changes the logo on the social media platform to the Dogecoin symbol from a blue bird.  ( 48 min )
    JPMorgan’s Kolanovic Warns Stocks Are in ‘Calm Before the Storm’
    (Bloomberg) -- A risk-on mood fueling this year’s equities rally is likely to falter, with headwinds from bank turbulence, an oil shock and slowing growth poised to send stocks back toward their 2022 lows, according to JPMorgan strategist Marko Kolanovic.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaOil Surges Most in a Year After OPEC+’s Sh  ( 49 min )
    Column: Social Security is perfectly healthy, but there's one easy way to improve it
    Don't listen to the doomsayers: Social Security is healthy today, and the U.S. is rich enough to improve it — if the wealthy pay their fair share.  ( 52 min )
    Google has gone from offering perks like free massages to cutting back on staplers and office supplies as the company tightens its belt
    Google is tapping its hybrid work structure to cut expenses on employee services as it gears up for a larger efficiency push.  ( 50 min )
    Billionaire investor Charlie Munger says stock market ‘gambling’ is as addictive as ‘heroin’—but he sees no way to fix it
    Berkshire Hathaway's Munger criticized investors who trade like they're "gambling" and said it causes harm like the Great Depression.  ( 48 min )
    Dow Jones Futures: Tesla Dives Below Latest Buy Point On Deliveries Miss; What To Do Now
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    Sentiment Toward Stocks Hasn’t Been This Bad in Years, Bank of America Says
    (Bloomberg) -- Fears of an economic downturn evoked by bank collapses have turned Wall Street’s attitude toward stocks the most negative in several years, according to Bank of America.Most Read from BloombergChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskGoogle Wants You to Never Overpay for a Flight AgainSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ Indi  ( 48 min )
    Workers must plan on Social Security shortfall when retirement planning, advisers say
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    Top CD Rates Today, April 3
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    Union Pacific sued after firing rail worker on medical leave
    Union Pacific routinely hires private investigators to check out employees' medical leave claims and then fires anyone who happens to leave their house while out on leave, according to a lawsuit filed against the railroad. The lawyer who last month filed one of the first lawsuits in a case like this in Texas said this practice is another example of how the railroads keep the pressure on train crews to remain on call 24-7 while making them afraid to take unpaid time off they're supposed to get under the Family Medical Leave Act. Now that the Texas case is moving forward in the courts, the lawyer, Nick Thompson, said he plans to look into the claims of several other UP employees who have contacted him with similar concerns that could turn into additional lawsuits.  ( 49 min )
    Ascendis Stock Plunges As FDA Identifies Deficiencies In Company's New Drug Application
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    Blackstone fund hit by $4.5bn of withdrawal requests despite property pitch
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Oil surges, Dow rallies, tech lags to start second quarter: Stock market news today
    A move higher in oil prices, a mega merger in the media space, and more bad news from the U.S. manufacturing sector offered investors a mixed picture early Monday to start the second quarter of the year.  ( 50 min )
    Why Apellis Pharmaceuticals Stock Is Soaring Today
    Rare disease-focused Apellis Pharmaceuticals Inc (NASDAQ: APLS) is reportedly drawing takeover interest from large drugmakers. The company is in talks with advisers to consider its options amid the interest, Bloomberg reported citing people familiar with the matter. Apellis may also consider seeking partnerships or licensing agreements for some of its ophthalmology products, the report added. Deliberations are ongoing, and there's no certainty they will lead to a transaction. In February, the FD  ( 47 min )
    Binance and Miami Heat’s Jimmy Butler Hit With $1B Crypto Lawsuit
    Binance is in hot water for its sales tactics once again—this time for enlisting celebrities to allegedly dupe investors.  ( 47 min )
    Small-Cap Stocks Look Ready to Rally. Take a Look at These Two.
    As of Friday's close, the Russell 2000 was at 44% of the S&P 500's level, a ratio seen in early 2020 when Covid-19's arrival left the economy in perilous waters.  ( 23 min )
    Worst-Performing Funds of 2023 Are Drawing Huge Amounts of Cash
    (Bloomberg) -- Add this to the long list of market surprises in the first quarter of 2023: The worst-performing exchange-traded funds still managed to attract massive amounts of cash. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaRussia Blames Ukraine as Suspect Held in War Blogger’s DeathOil Surges Most in a Year After OPEC+’s Shocking Prod  ( 49 min )
    Mark Cuban Is Signing The Payroll Check For His Startup
    The Silicon Valley Bank’s (SVB) unforeseen fallout has created ripple effects across the U.S. banking and startup sectors. This is because the SVB was one of the most coveted banks among startup companies and venture capitalists. What was the 16th-largest bank in the U.S. serviced approximately half of all U.S. venture capitalist-backed startups. Don’t Miss: Elon Musk & Sam Altman Say Scary Good AI Is On The Way – Here's How Retail Is Investing Millions Consequently, the banking mammoth’s sudden  ( 49 min )
    Cloud Computing Stock Hits Buy Point; Analysts Expect Explosive Earnings Growth
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    Oil surges, Dow gains, tech sinks: Stock market news today
    A move higher in oil prices, a mega merger in the media space, and more bad news from the U.S. manufacturing sector offered investors a mixed picture early Monday to start the second quarter of the year.  ( 49 min )
    Stocks To Buy And Watch: Dow Jones Leader Boeing, ServiceNow Eye New Buy Points
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    Apple Likely to Boost Its Dividend and Stock Buybacks Yet Again
    The iPhone maker has been increasing its dividend for the last 10 years—and slashing share count for the last five. Expect both to continue when Apple reports March-quarter earnings.  ( 23 min )
    Virginia Teacher Shot by 6-Year-Old Student Sues School Officials for $40 Million
    Abigail Zwerner’s lawsuit said administrators failed to heed warnings the boy had a gun.  ( 24 min )
    Wall Street Banks Set to Lose More Than $1.3 Billion on Citrix Buyout Debt
    (Bloomberg) -- Wall Street banks are poised to realize at least $1.3 billion in losses on the sale of ultra-risky debt tied to the leveraged buyout of Citrix Systems Inc.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaRussia Blames Ukraine as Suspect Held in War Blogger’s DeathOil Surges Most in a Year After OPEC+’s Shocking Production CutA gr  ( 48 min )
    Tesla Manufactured 4,000 Model Ys In One Week, UBS Prepping For Massive Layoffs, McDonald's Temporary Shuttering Of US Offices: Today's Top Stories
    Bloomberg UBS Prepping For Massive Layoffs Amid Credit Suisse Takeover UBS Group AG (NYSE: UBS), which agreed to buy peer Credit Suisse AG (NYSE: CS) in a central-bank-brokered deal, is preparing to eliminate about 20 to 30% of jobs worldwide. UBS is expected to announce up to 36,000 job cuts across its branches. As many as 11,000 employees in Switzerland would be laid off. UBS and Credit Suisse employed about 125,000 people at the end of 2022. Wall Street Journal McDonald's Layoffs Reportedly P  ( 51 min )
    Rivian Deliveries and Production Slip. The Stock Is Down.
    For the first quarter, elecRivian delivered 7,946 vehicles and produced 9,395 units. In the fourth quarter, Rivian delivered 8,054 vehicles and produced 10,020 units.  ( 23 min )
    The 5 best investments of 2023
    Here’s our roundup of some of the best investments you might want to consider adding to your portfolio in 2023.  ( 52 min )
    Intel Stock Scores an Upgrade. Fundamentals May Have Bottomed, Analyst Says.
    The chip maker should be able to make its earnings estimates and may hit its chip pipeline schedule, writes Bernstein.  ( 23 min )
    REITs Are Back In Favor With Analysts
    Analysts’ estimates of real estate investment trusts (REITs) have been on a roller coaster ride in 2023. After beginning the New Year with a slew of upgrades on REITs that had been badly battered throughout 2022, the analyst community was extremely quiet in February. Although there were dozens of Maintain and Reiterate ratings, not one analyst upgraded a REIT in February, and there were nine REITs that received downgrades. But as March comes to an end, REITs seem to be back in favor with analyst  ( 49 min )
    McDonald's temporarily closes US offices ahead of planned layoffs
    McDonald's plans to close its offices temporarily while it implements layoffs.  ( 48 min )
    Google Wants You to Never Overpay for a Flight Again
    (Bloomberg) -- Making sure you pay a reasonable fare for flights often feels like a fool’s errand. If you’re lucky, you’ll snag a mistake fare or flash sale. More often, you’ll deliberate ad nauseam. Do you book? Do you wait? Can anyone actually beat airlines at their own game?Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaGoogle Wants You to Never Overpay for a Flight AgainOPEC+ Makes Shock Million-B  ( 50 min )
    This Move Lets You Insure $1.5 Million or More at a Single Bank
    Following the recent bank collapses there's good reason to be concerned about how much of your money is and isn't insured. The bad news: Just because an account is held by a bank doesn't automatically mean it's insured. The good … Continue reading → The post This Move Lets You Insure $1.5 Million or More at a Single Bank appeared first on SmartAsset Blog.  ( 50 min )
    Switzerland suspended a shareholder vote to merge UBS with Credit Suisse. Now it's investigating the deal
    Federal prosecutors in Switzerland are reviewing the government-backed merger between UBS and Credit Suisse. The move comes after Swiss financial authorities issued an emergency ordinance (Notverordnung) that bypassed the need for a shareholder vote to approve the deal.  ( 47 min )
    7 Dividend Stocks for Uncertain Economic Times
    Treasuries aren't the only refuge in a slowdown. Dividend names also "can provide a margin of safety," says UBS.  ( 23 min )
    Goldman Dangles 14% Yield on Roughly $4 Billion of Citrix Debt
    (Bloomberg) -- A group of banks led by Goldman Sachs Group Inc. launched a $3.84 billion deal to offload the riskiest chunk of financing from last year’s Citrix Systems Inc. buyout, according to people with knowledge of the matter.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaRussia Blames Ukraine as Suspect Held in War Blogger’s DeathOil Su  ( 49 min )
    US Factory Gauge Falls to Lowest Since 2020, Employment Measure Drops
    (Bloomberg) -- US factory activity contracted in March by more than expected, with a closely watched gauge dropping to its lowest level since May 2020 as measures of new orders and employment retreated.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaRussia Blames Ukraine as Suspect Held in War Blogger’s DeathOil Surges Most in a Year After OPE  ( 49 min )
    Elon Musk’s swelling inventories of unsold Tesla cars has Wall Street worried
    Even by Tesla's own official count, the number of cars in stock is reaching levels not seen since the third quarter of 2020—despite the generous use of rebates to entice consumers.  ( 49 min )
    J.P. Morgan Says Buy These 2 High-Yield Dividend Stocks — Including One With 9% Yield
    After a rough month from mid-February to mid-March, investors have reason for some positive sentiment in what’s been a highly volatile environment. Since hitting bottom on March 13, the S&P 500 has gained back 6.5%, and is back up to a 7.5% year-to-date gain. Increases have been even more impressive for the NASDAQ index, which rose 17% in Q1 – for its best quarterly performance since 2020. But not so fast, says JPMorgan asset management CIO Bob Michele, who takes a cautious view of the long-term  ( 51 min )
    Rivian: Q1 deliveries top estimates, 'on track' to hit 2023 production forecast
    EV-maker Rivian delivered some much needed positive news today to investors, announcing that Q1 deliveries that topped estimates for the quarter, and its production forecast is still on track.  ( 47 min )
    Biden Approval Rating Shows Resilience As Financial Stress Rises
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    Is Snowflake Stock A Buy Amid Amazon Pact, Buyback Program?
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    Bullard Says Oil Surge Might Make Fed’s Job More Difficult
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said OPEC’s decision to cut output was unexpected and an increase in oil prices could make the Fed’s job of lowering inflation more challenging.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenRussia Blames Ukraine as Suspect Held in Pro-War Blogger’s DeathBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaDubai’s Latest B  ( 48 min )
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    A move higher in oil prices, a mega merger in the media space, and more bad news from the U.S. manufacturing sector offered investors a mixed picture early Monday to start the second quarter of the year.  ( 49 min )
    Oil pops, stocks mixed as second quarter gets underway: Stock market news today
    Stocks were mixed early Monday as the price of oil surged on news from OPEC over the weekend and a mega merger in the entertainment space held investor attention to start the week.  ( 49 min )
    Biden Has Limited Options to Respond to OPEC+’s Oil Cut
    (Bloomberg) -- OPEC+’s surprise move to cut 1 million barrels a day of oil production is poised to raise US fuel prices just as President Joe Biden is expected to launch his re-election campaign. He has a limited range of options with which to respond.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenRussia Blames Ukraine as Suspect Held in Pro-War Blogger’s DeathBillionaire Blocked From His New Palace Blast  ( 49 min )
    Plug Power Stock Falls as Morgan Stanley Cuts Price Target in Half
    Analyst Andrew Percoco lowered his rating on the shares to the equivalent of Hold from Buy. HIs target for the price went to $15 a share from $35.  ( 23 min )
    Extra Space Agrees to Buy Life Storage. There’s a New Industry Leader.
    The deal forms the largest storage-facility operator in the U.S, by number of locations, overtaking rival Public Storage.  ( 23 min )
    Tesla Sets a Delivery Record. What Wall Street Thinks.
    Tesla delivered 422,875 vehicles in the first quarter of 2023, up from 405,278 vehicles in the fourth quarter of 2022 and up from the 310,048 vehicles delivered in the year-ago period.  ( 23 min )
    Gaming Stocks Pop Near Buy Points As Macau Revenue More Than Triples
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    Dow Jones Futures Rise Ahead Of Key Economic Data; Tesla Slides On Deliveries Miss
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    These Trusts Can Help You Avoid Estate Taxes
    Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue. One tool that households can use to try to minimize their estate tax liability is the … Continue reading → The post How to Avoid Estate Taxes With Trusts appeared first on SmartAsset Blog.  ( 51 min )
    How Long Will $3 Million Last Me in Retirement?
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    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Why Opec+ is cutting oil output now
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    Why One Firm's 3,612% Return Is Drawing the Ire of Hedge Funds
    (Bloomberg) -- Mark Spitznagel is a master at generating buzz for his tail risk-protection business. From partnering with the man who coined the very term “Black Swan” to warning this January that we’re in “the greatest tinderbox-timebomb in financial history,” he makes sure Universa Investments is rarely far from the Wall Street spotlight. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocke  ( 52 min )
    Glencore Returns to Acquisitions With Offer for Canadian Miner Teck
    The Canadian miner said it had rejected an unsolicited takeover offer from the the Swiss-based company.  ( 25 min )
    AUDUSD Forecast – Australian Dollar Rockets Higher
    The Australian dollar initially pulled back during the trading session on Monday, but then shot straight up in the air to reach a major resistance block.  ( 47 min )
    WWE Faces Smackdown In UFC Parent Endeavor Deal; Extra Space Storage Buying Rival
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    Plug Power Stock Falls as Morgan Stanley Cuts Price Target in Half
    Analyst Andrew Percoco lowered his rating on the shares to the equivalent of Hold from Buy. HIs target for the price went to $15 a share from $35.  ( 23 min )
    Chevron, Energy Stocks Surge After OPEC+ Surprise Production Cut
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    Glencore’s $23 Billion Offer Rebuffed by Canadian Miner Teck
    (Bloomberg) -- Canada’s Teck Resources Ltd. rejected a proposal from Glencore Plc to buy the company for shares and then spin off their combined coal businesses, in the latest sign of dealmaking heating up across the mining industry.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenRussia Blames Ukraine as Suspect Held in Pro-War Blogger’s DeathBillionaire Blocked From His New Palace Blasts ‘Socialist’ India  ( 49 min )
    10 Stocks Consistently Shower Investors With Big Gains In April
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    KFC, Other Chains Hunt for Elusive 4-Pound Chicken
    A shortage of small-breasted chickens has been raising costs at fast-food restaurants.  ( 25 min )
    Investors Are Too Spooked by Washington’s PBM Crackdown
    Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects.  ( 26 min )
    Oil pops, futures mixed as second quarter gets underway: Stock market news today
    Stock futures were mixed early Monday as the price of oil surged on news from OPEC over the weekend and a mega merger in the entertainment space held investor attention to start the week.  ( 49 min )
    Extra Space Agrees to Buy Life Storage. There’s a New Industry Leader.
    The deal forms the largest storage-facility operator in the U.S, by number of locations, overtaking rival Public Storage.  ( 23 min )
    Tesla Sets a Quarterly Record for Deliveries. Here’s What Wall Street Thinks.
    Tesla delivered 422,875 vehicles in the first quarter of 2023, up from 405,278 vehicles in the fourth quarter of 2022 and up from the 310,048 vehicles delivered in the year-ago period.  ( 23 min )
    WWE and UFC owner Endeavor agree to massive merger
    The new company, which will trade under $TKO, is valued at more than $21 billion.  ( 48 min )
    China's rare earths industry has a raw materials problem
    China may already dominate the world’s supply chains of rare earth metals. Even so, it is increasingly worried about securing enough raw materials to feed its vast industrial appetite.  ( 48 min )
    ChatGPT will quickly handle at least half of the tasks of financial investment jobs, researchers predict
    New research takes a look at how generative A.I. will impact the U.S. labor market.  ( 48 min )
    Oil Buyers Reel From OPEC+ Cuts as They Explore Alternatives
    (Bloomberg) -- Oil refiners in Asia — like the wider crude market — have found themselves caught out by the surprise Saudi-led move to spearhead an OPEC+ production cut, and are now preparing to diversify purchases in the spot market if needed.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenRussia Blames Ukraine as Suspect Held in Pro-War Blogger’s DeathBillionaire Blocked From His New Palace Blasts ‘Socia  ( 51 min )
    Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
    The $12.7 billion deal would create the largest storage-facility operator in the U.S. by number of locations.  ( 25 min )
    WWE stock down amid reports of potential $9 billion sale to UFC owner Endeavor
    A WWE-Endeavor merger would make business sense, though some questions remain.  ( 48 min )
    How Warren Buffett could steal the show in the second quarter: Morning Brief
    Be ready to take notes from Warren Buffett. More on that, and what else to know in markets on Monday, April 3, 2023.  ( 49 min )
    Muni Money-Market Fund Yields Hit 4%
    The rate on the more than $100 billion of municipal money-market funds can be volatile.  ( 23 min )
    Tesla and the Curious Case of the Confusing Consensus
    Tesla misses delivery estimates. No, Tesla beats delivery estimates. Nothing is ever easy with Tesla these days.  ( 23 min )
    Chinese stocks face Micron test of nerves after Alibaba delivers US$84 billion feel-good 'peace' rally
    The rally in Alibaba Group Holding is reassuring stock analysts that Beijing's regulatory crackdown is over. That may not reduce the risk premium in the Chinese stock market just yet, as Beijing's investigation into Micron Technology memory chips has opened a new front in the US-China tech war. China last week announced a cybersecurity investigation into the local sales of the US memory chips maker, targeting a US company for the first time in response to US export curbs on advanced chips and ge  ( 50 min )
    McDonald’s reportedly tells U.S. staff to work from home over the next 3 days so it can deliver layoff messages remotely
    McDonald’s said it would deliver staffing notices virtually owing to the increased amount of personal travel for the week of April 3.  ( 48 min )
    Apple Stock Is Nearing Its Previous Peak. iPhone Demand Could Help It Soar, Analyst Says.
    Strong iPhone demand in Asia and an acceleration in services revenue bode well for Apple stock, analysts at Wedbush say.  ( 23 min )
    These Stocks Are Moving the Most Today: Exxon, Chevron, Tesla, NIO, WWE, and More
    Shares of Exxon, Chevron, and other energy giants surge after OPEC+ surprises markets with a cut in oil production.Tesla sets a quarterly record for vehicle deliveries.  ( 23 min )
    Several Honda models, Jeep Wranglers among 393,000 recalled cars this week. Check recalls here.
    Honda recalled more than 330,000 vehicles because the side-view mirrors may fall off while Chrysler said its Jeep Wranglers could leak fuel.  ( 47 min )
    Oil Prices Jump on OPEC Output Cut. Analyst Forecasts $101-a-Barrel.
    The surprise move from OPEC comes after crude prices fell 20% over the past year.  ( 23 min )
    US Biotech Firm Apellis Is Said to Attract Takeover Interest
    (Bloomberg) -- Apellis Pharmaceuticals Inc., a biotech firm focused on rare diseases and ophthalmology, is drawing takeover interest from larger drugmakers, people with knowledge of the matter said.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaOil Surges 8% After OPEC+ Blindsides M  ( 48 min )
    China Warns Top Bankers of Deepening Crackdown on Corruption
    (Bloomberg) -- Chinese authorities warned the nation’s top banking executives that the crackdown on the $60 trillion industry is far from over in a private meeting late Friday, just as they were about to announce the probe of the most senior state banker in nearly two decades.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutor to Probe Credit Suisse Deal, 30% Job Cuts SeenDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedBillionaire Block  ( 50 min )
    BP and Shell jump as soaring oil prices unleash fresh inflation risk - latest updates
    BP and Shell’s share prices jumped in early trading after oil prices rocketed in the wake of a shock cut to the world’s supply of crude.  ( 52 min )
    Morgan Stanley Strategist Says US Tech Stocks’ Rally Is Overdone
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most prominent bearish voices on US equities — warns the rally in tech stocks that’s exceeded 20% isn’t sustainable and that the sector will return to new lows.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutor to Probe Credit Suisse Deal, 30% Job Cuts SeenDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaSt. Petersb  ( 48 min )
    Beijing’s Micron Probe Spurs $12 Billion Rally in China Chip Stocks
    (Bloomberg) -- Chinese chip-related stocks advanced amid optimism that they will benefit from the nation’s growing self-reliance push after Beijing launched a probe into Micron Technology Inc.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaOil Rockets 8% After OPEC+ Jolts Market With Surpris  ( 48 min )
    WSJ: McDonald's to close offices briefly ahead of layoffs
    A report says McDonald’s has closed its U.S. offices for a few days as the company prepares to inform employees about layoffs. The Wall Street Journal cited an internal email from the Chicago-based fast-food giant saying U.S. corporate staff and some employees overseas should work from home while the company notifies people of their job status. McDonald’s did not immediately reply to emailed requests for comment.  ( 48 min )
    ByteDance Matches Tencent’s $80 Billion Sales After TikTok Boom
    (Bloomberg) -- ByteDance Ltd.’s revenue surged more than 30% to surpass $80 billion in 2022, matching the tally at archrival Tencent Holdings Ltd. after twin video platforms TikTok and Douyin drew eyeballs and advertisers from social media incumbents.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutor to Probe Credit Suisse Deal, 30% Job Cuts SeenDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedBillionaire Blocked From His New Palace Bla  ( 49 min )
    Treasury Yields Rise as Jump in Oil Adds to Inflation Fears
    (Bloomberg) -- Treasuries slid on concern a rally in oil will keep inflation elevated and put pressure on the Federal Reserve to go on raising interest rates. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyOil Rockets 8% After OPEC+ Jolts Market With Surprise Output CutDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedShorter maturities led d  ( 50 min )
    $100 Oil to Tighter Markets: Here’s What Analysts See After OPEC+ Shock Cut
    (Bloomberg) -- The decision by the Organization of Petroleum Exporting Countries and its allies to slash its oil output came as a huge surprise to the market, given earlier rhetoric from group leader Saudi Arabia that it would stand pat on production. The move has brought concerns around inflationary pressures back to the fore, adding to worries that higher prices and an aggressive monetary tightening by central banks could tip the global economy into recession. Most Read from BloombergOPEC+ Mak  ( 50 min )
    Wells Fargo's departure leaves Chester without bank branch in central business district
    Chester officials are looking to recruit another bank to the central business district.  ( 18 min )
    Bitcoin, Ether drop; US equities rise as inflation cools down
    Bitcoin dipped on Monday morning in Asia but held above US$28,000. Most top 10 non-stablecoin cryptos dropped following a week unsettled by regulatory woes.  ( 48 min )
    China Missing Banker’s Firm Delays 2022 Results, Halts Trading
    (Bloomberg) -- China Renaissance Holdings Ltd. said it’ll suspend trading of its shares from Monday and delay the release of its audited results for 2022, as the investment bank failed to get in touch with Chairman Bao Fan who was cooperating in an investigation by Chinese authorities. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyOil Rockets 8% After  ( 49 min )
    Endeavor Group Nears Deal to Acquire Vince McMahon’s WWE
    (Bloomberg) -- Endeavor Group Holdings Inc. is nearing a deal to acquire World Wrestling Entertainment Inc. for about $9 billion, according to people familiar with the matter.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyOil Rockets 8% After OPEC+ Jolts Market With Surprise Output CutDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedThe ente  ( 49 min )
    Tesla Deliveries Rise to Record After Slashing Prices on EVs
    (Bloomberg) -- Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffeted by rising interest rates and faster inflation.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedOil Rockets 8% After OPEC+ Jolts Market With Surpri  ( 48 min )
  • Open

    FICO 10 and FICO 10T: Definition and How They Work
    FICO 10 and FICO 10T are fairly new FICO credit scoring models designed to provide more precise data. FICO 10T uses trended data to calculate credit scores.  ( 18 min )
    Extra Space Storage Buys Life Storage for $12.7B
    Extra Space Storage (EXR) announced on April 3, 2023, that it would buy rival Life Storage (LSI) in an all-stock transaction.  ( 11 min )
    Top Materials Stocks for April 2023
    These are the materials stocks with the best value, fastest growth, and most momentum heading into April 2023.  ( 15 min )
    Regulators Tell Illumina to Unwind GRAIL Deal
    Shares of Ilumina (ILMN) dropped as the Federal Trade Commission (FTC) ordered the biotech firm to unwind its purchase of cancer test provider GRAIL.  ( 11 min )
    Tesla Slumps on EV Credit Change Despite Record Deliveries
    Tesla shares slumped despite delivering record deliveries after the US updated eligibility for EV tax credits, potentially threatening the company's growth prospects.  ( 11 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of April 2023.  ( 16 min )
    Markets Open Q2 Mixed as Oil Prices Soar
    U.S. equities began the new month and quarter mixed on April 3, 2023, as oil prices skyrocketed on an OPEC+ production cut.  ( 10 min )
    UMass Economist: ‘There are Other Sectors We Don't Even Know About Waiting to Explode’
    A bank collapse, civil disturbances, stagflation, and a commercial real estate implosion are all possible outcomes of the Federal Reserve’s campaign of anti-inflation rate hikes, one economics professor says.  ( 13 min )
    Riding the Thin Edge of a Rail with Risk Reversal
    Guy Adami and Dan Nathan, the OG's of financial influence and founders of the Risk Reversal media empire, join the Express to reveal their processes and approach to trading the markets while talking about them all day long. Hear why they are bearish, where the risks are, and their rankings of the best rock bands of all time. Plus, why the calls for the demise of the U.S. dollar may be #TooSoon.  ( 15 min )
    Top CD Rates Today, April 3
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    Degrees of Freedom in Statistics Explained: Formula and Example
    Degrees of Freedom are the maximum number of logically independent values, which may vary, in a data sample.  ( 16 min )
    Here Are 34 Jobs AI Could Never Take—And How Much They Pay
    AI could impact jobs in financial services, insurance, and data processing, leaving dredging, bartending, and tile laying in human hands.  ( 13 min )
    Debt Avalanche: Definition and How To Use It
    A debt avalanche is an accelerated system of paying down debt that is based on paying the loan with the highest interest rate first. Learn how to use the debt avalanche.  ( 16 min )
    Maximum Social Security Benefit: What Is It, How Is It Figured?
    The maximum Social Security retirement benefit in 2023 is $4,555 for those who qualify and delay claiming until age 70.  ( 21 min )
    Introduction to Investing: A Beginner’s Guide to Asset Classes
    Learning where different assets stand on the investment risk ladder is the first step to understanding investments.  ( 20 min )
    Cryptocurrencies To Watch: Week of April 3
    This week’s cryptocurrencies to keep an eye on are Stellar (XLM), Hedera (HBAR), Frax Share (FXS), Zilliqa (ZIL), and Cardano (ADA).  ( 14 min )
    Oil Prices Surge the Most in a Year on Surprise OPEC+ Supply Cut
    Oil prices surged more than 6%, the biggest single-day gain in almost a year, after officials from OPEC+ countries unexpectedly agreed to cut supply by 1.16 million barrels per day.  ( 11 min )
    Commercial Trader Definition
    A commercial trader trades on behalf of a business or institution. In the commodities market, commercial traders are hedgers.  ( 13 min )
    Merger of WWE and UFC Operator Creates New Sports Entertainment Giant
    World Wrestling Entertainment (WWE) and Endeavor Group Holdings (EDR), the operator of the UFC combat sports, announced on Monday the merger of UFC and WWE to form a new, multi-billion dollar global live sports and entertainment company.  ( 10 min )
    US Manufacturing Extends Its Slump
    Economic activity in the manufacturing sector contracted for the fifth straight month in March, reaching levels not seen since early in the pandemic, as demand slowed.  ( 10 min )
    Forex Forecasting Software
    Forex forecasting software provides technical indicators and trading tools to FX traders.  ( 12 min )
    Analysts Cut Q1 Earnings Expectations Despite Rising Markets
    Analysts cut EPS estimates for S&P 500 companies 6.3% for Q1, a wider margin than many past years, amid bank liquidity and recession concern.  ( 11 min )
    Economic Cycle: Definition and 4 Stages of the Business Cycle
    The economic cycle is the ebb and flow of the economy between times of expansion and contraction.  ( 20 min )
    Here’s how the Shell Fuel Rewards Card works, including features, current interest rates, and fees.
    Here is how the Shell Fuel Rewards Card works including where and how to apply, where it can be used, interest rates and fees charged, and the rewards and benefits involved.  ( 16 min )
    Tesla Smashes Delivery Record in the First Quarter
    Tesla delivered 422,875 vehicles worldwide in the first quarter, setting a record after it slashed prices to boost demand. The deliveries were more than the 421,164 vehicles analysts had forecast for the company.  ( 10 min )
    Defaults on Commercial Real Estate Loans Surge to 14-Year High
    Commercial real estate feeling the pain from rising rates, work and shopping trends  ( 13 min )
    Today's Mortgage Rates & Trends - April 3, 2023: Rates Still Calm
    Rates on 30-year mortgages were virtually flat Friday, capping a full week of minimal movement.  ( 12 min )
    5 Things to Know Before Markets Open
    Oil prices are climbing after OPEC+ announced a surprise cut in crude production and Tesla's price cuts led to a record number of deliveries in the first quarter. Here’s what investors need to know today.  ( 12 min )
    Earnings, Not Inheritance, Drives Most of Racial Wealth Gap, Study Says
    Researchers at the Federal Reserve Bank of Boston calculated the different factors that make up the racial wealth gap and released their findings this week.  ( 11 min )
    Pros and Cons of Paper Trading
    Most market novices should try paper trading for a while, despite key drawbacks.  ( 17 min )
    Investment Management: More Than Just Buying and Selling Stocks
    Investment management refers to the handling of financial assets and other investments by professionals for clients, usually by devising strategies and executing trades within a portfolio.  ( 16 min )
  • Open

    Tesla moet oud-medewerker 3,2 miljoen dollar betalen om racisme op werkvloer
    Een voormalig werknemer van Tesla krijgt bijna 3,2 miljoen dollar (omgerekend 2,9 miljoen euro) schadevergoeding vanwege een racistische werkomgeving waar hij in 2015 en 2016 mee te maken kreeg.  ( 4 min )
    Netbeheerders: 'Kabinet moet nu beslissen over toekomst van zware industrie'
    Het kabinet moet zo snel mogelijk scherpe keuzes maken over welke industrie we in Nederland willen houden en welke bedrijven beter kunnen vertrekken. Alleen dan kan de infrastructuur op tijd worden aangelegd om het land in de komende decennia klimaatneutraal te maken. Daarvoor waarschuwt de branchevereniging van netbeheerders dinsdag.  ( 6 min )
    Elon Musk verandert logo Twitter in dat van zijn geliefde cryptomunt Dogecoin
    Twitterbaas Elon Musk heeft het bekende Twitterlogo in de vorm van een blauwe vogel maandagavond plotseling veranderd in de beeltenis van internetmemehond Doge. Dat is ook het logo van cryptomunt Dogecoin, waar Musk zo'n fan van is.  ( 4 min )
    Schiphol wil in twee jaar alle nachtvluchten schrappen vanwege geluidshinder
    Schiphol wil in de komende twee jaar alle nachtvluchten schrappen. Op die manier wil de luchthaven geluidsoverlast tegengaan. Dat zegt interim-topman Ruud Sondag tegen Het Parool. Ook worden lawaaiige vliegtuigen stapsgewijs verboden en stopt de luchthaven met privéjets.  ( 5 min )
    Schiphol wil binnen twee jaar alle nachtvluchten schrappen vanwege geluidshinder
    Schiphol wil in de komende twee jaar alle nachtvluchten schrappen. Op die manier wil de luchthaven geluidsoverlast tegengaan. Dat zegt interim-topman Ruud Sondag tegen Het Parool. Ook worden lawaaiige vliegtuigen stapsgewijs verboden en stopt de luchthaven met privéjets.  ( 5 min )
    Twitterlogo veranderd in logo van Elon Musks geliefde cryptomunt Dogecoin
    Het bekende Twitterlogo in de vorm van een blauwe vogel is maandagavond plotseling veranderd in de beeltenis van internetmemehond Doge. Niet toevallig is dat ook het logo van cryptomunt Dogecoin, waar Twitterbaas Elon Musk zo'n fan van is.  ( 3 min )
    Jullie reacties op de arbeidsmarktplannen: 'Werknemers zijn de dupe'
    De arbeidsmarkt gaat op de schop. Nulurencontracten worden verboden en wie via een uitzendbureau werkt, krijgt sneller een contract met zekerheid. Kortom, het vaste contract wordt voortaan het uitgangspunt. NU.nl-lezers met een nulurencontract of die als zzp'er werken, reageerden volop. "Bedrijven die zzp'ers uitbuiten moeten worden aangepakt. Nu worden wij juist gedupeerd."  ( 5 min )
    Eneco biedt weer vaste jaarcontracten onder prijsplafond aan
    Energieleverancier Eneco biedt vanaf maandag weer jaarcontracten aan voor stroom en gas met tarieven onder het prijsplafond. Veel energieleveranciers stopten vorig jaar met vaste contracten vanwege de hoge energieprijzen. Omdat de prijzen weer dalen, is het volgens het energiebedrijf weer mogelijk jaarcontracten aan te bieden.  ( 3 min )
    Oproep: Heb jij een nulurencontract of ben je zzp'er?
    De arbeidsmarkt gaat op de schop. Het nulurencontract verdwijnt en zzp'ers moeten zich voortaan verplicht verzekeren. Ook de regels voor tijdelijke contracten worden strenger. Gaat dit nieuws over jou?  ( 2 min )
    Arbeidsmarkt op de schop: nulurencontract verdwijnt, zzp'er verplicht verzekerd
    Het vaste contract wordt voortaan het uitgangspunt op de arbeidsmarkt. Nulurencontracten worden verboden en wie via een uitzendbureau werkt, krijgt sneller een contract met zekerheid. Verder komt er een verplichte arbeidsongeschiktheidsverzekering voor zzp’ers, zodat ze een vangnet hebben als ze ziek worden.  ( 5 min )
    Leven in Turkije bijna 51 procent duurder in maart
    In Turkije waren producten en diensten in maart 50,51 procent duurder dan een jaar eerder. Wel was de Turkse inflatie minder hoog dan afgelopen najaar, toen het percentage nog boven de 80 procent lag.  ( 3 min )
    Producten en diensten in Turkije bijna 51 procent duurder in maart
    In Turkije waren producten en diensten in maart 50,51 procent duurder dan een jaar eerder. Wel was de Turkse inflatie minder hoog dan afgelopen najaar, toen het percentage nog boven de 80 procent lag.  ( 4 min )
    Arbeidsmarkt op de schop: nulurencontract verdwijnt, verplichte verzekering zzp'ers
    Het vaste contract wordt voortaan het uitgangspunt op de arbeidsmarkt. Nulurencontracten worden verboden en wie via een uitzendbureau werkt, krijgt sneller een contract met zekerheid. Verder komt er een verplichte arbeidsongeschiktheidsverzekering voor zzp’ers, zodat ze een vangnet hebben als ze ziek worden.  ( 4 min )
    Klimaatverandering leidt tot economische schade, maar beleid kan dat voorkomen
    Klimaatverandering kan de wereldeconomie deze eeuw flink pijn doen. Maar we kunnen dat grotendeels voorkomen door de opwarming van de aarde serieus te beperken.  ( 6 min )
    Olie flink duurder door lagere productie: prijzen aan de pomp omhoog
    De handelsprijzen voor olie zijn maandag flink gestegen, doordat belangrijke olielanden hebben besloten minder te produceren. Zowel Noordzeeolie als Amerikaanse olie werd in korte tijd ruim 5 procent duurder. De vrees bestaat dat hogere olieprijzen de inflatie in Europa en de VS aanwakkeren, bijvoorbeeld doordat benzine en diesel duurder worden.  ( 4 min )
    McDonald's bereidt ontslagronde voor, gevolgen voor Nederland nog onbekend
    McDonald's heeft zijn kantoren in de Verenigde Staten tijdelijk gesloten om werknemers te informeren over een aanstaande ontslagronde. Die maakt deel uit van een grotere reorganisatie, meldt The Wall Street Journal. Een woordvoerder van McDonald's Nederland zegt tegen NU.nl dat nog niet bekend is of een en ander ook gevolgen heeft voor werknemers in ons land.  ( 3 min )
    Tesla bestverkochte auto in maart door leveringen nieuwe Model Y
    Tesla was vorige maand het bestverkochte automerk in ons land. Vooral de Model Y was populair, melden brancheverenigingen BOVAG en RAI Vereniging. De totale autoverkopen in maart waren ruim 50 procent hoger dan een jaar eerder.  ( 3 min )
    Zonneauto Lightyear maakt doorstart, demo's onder de hamer
    Lightyear, de maker van elektrische zonneauto's, maakt een doorstart. Met een afgeslankt bedrijf kan nu de Lightyear 2 worden gebouwd. Dat is een goedkoper model dan de oerzonneauto Lightyear 0.  ( 3 min )
    Olieprijzen schieten omhoog door lagere productie OPEC-landen
    De handelsprijzen voor olie zijn maandag flink gestegen, doordat belangrijke olielanden hebben besloten minder te produceren. Zowel Noordzeeolie als Amerikaanse olie werd in korte tijd ruim 5 procent duurder. De vrees bestaat dat hogere olieprijzen de inflatie in Europa en de VS aanwakkeren.  ( 3 min )
    We kopen kleinere planten en laten een nieuwe schutting achterwege
    Planten zijn dit jaar duurder door een winter met hogere energie- en personeelskosten, ook al stond de verwarming in het tuincentrum een graadje lager. Consumenten kopen nog steeds veel groen, maar gaan nu voor kleinere en dus goedkopere kamerplanten. En de herinrichting van de tuin blijft uit.  ( 5 min )
  • Open

    Tesla Smashes Delivery Record in the First Quarter
    Tesla delivered 422,875 vehicles worldwide in the first quarter, setting a record after it slashed prices to boost demand. The deliveries were more than the 421,164 vehicles analysts had forecast for the company.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    Oil prices are climbing after OPEC+ announced a surprise cut in crude production and Tesla's price cuts led to a record number of deliveries in the first quarter. Here’s what investors need to know today.  ( 1 min )

  • Open

    How Much Does the U.S. Import From Mexico?
    Mexico is one of the United States top trading partners  ( 15 min )
    The 60-Day Rollover Rule for Retirement Plans
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    How the SECURE Act Changed Retirement Savings Options
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    How to Get the Most Out of Your 401(k) Plan
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    Understanding the Consumer Confidence Index
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    Why Save for Retirement in Your 20s?
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    Top Growth Stocks for April 2023
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    Top Utilities Stocks for April 2023
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    Burst Basket Definition and Uses
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    Can I Have Both a Roth and a Traditional IRA?
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    Denationalization
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    10 Largest Beverage Companies
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  • Open

    Liz Weston: Will you face a tax bomb in retirement?
    The money you’re stuffing into your 401(k) and other retirement accounts has to be withdrawn someday. If you’re not strategic about how you save, you could face unnecessarily high tax bills and inflated Medicare premiums in retirement — plus, you could be saddling your heirs with higher taxes. “You do not want to be in the position as some clients are that all of their funds are inside of a tax-deferred account,” says Pam Ladd, senior manager of personal financial planning at the Association of International Certified Professional Accountants.  ( 50 min )
    McDonald's temporarily shuts US offices, prepares layoff notices: report
    According to a recent report from the Wall Street Journal, McDonald's Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about layoffs.  ( 48 min )
    Bitcoin Liquidity is Drying Up as Crypto ‘Tourists’ Recoil From Industry Disorder
    (Bloomberg) -- By just about any measure, Bitcoin liquidity remains low, despite the cryptocurrency’s eye-catching upsurge this year. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedOil Rockets 8% After OPEC+ Jolts Market With Surprise Output CutInvestors have been paying more on trades because  ( 49 min )
    Oil Rockets 8% After OPEC+ Jolts Market With Surprise Output Cut
    (Bloomberg) -- Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy and irking the White House.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedTrump Weighs Bid to Shift N  ( 48 min )
    Stocks Poised for Lower Open
    Crude futures were surging Sunday evening after OPEC and its allies announced a surprise production cut.  ( 23 min )
    WWE Nears Sale to UFC’s Endeavor Group
    The deal gives WWE an enterprise value of $9.3 billion and UFC an enterprise value of $12.1 billion.  ( 25 min )
    US Stock Futures Fall, Yen Weakens as Oil Rallies: Markets Wrap
    (Bloomberg) -- US equity futures slipped, the yen weakened and the Norwegian krone climbed as the surprise production cut from OPEC+ sent oil prices more than 7% higher.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedSt. Petersburg Explosion Kills Pro-War Blogger TatarskyTrump Weighs Bid to Shift NY Criminal Case to Staten IslandThe group’s decisio  ( 49 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    Everyone invests with the goal of generating big returns but it’s easy to get distracted by all the short-term noise generated on Wall Street. The key to investing success, according to Raymond James CIO Larry Adam, is to follow a few simple rules. One is to realize past performance does not necessarily guarantee future success. “History has shown that no single asset class has been a consistent winner year after year,” says Adam, “just as no single asset class remains at the bottom.” Secondly,  ( 49 min )
    Five Key Charts to Watch in Global Commodities Markets This Week
    (Bloomberg) -- The Organization of Petroleum Exporting Countries and its allies announced a surprise output cut, while Exxon Mobil Corp. is due to update investors on the company’s plans to help reduce greenhouse gas emissions in support of a net-zero future. Here are five notable charts to watch in global commodities as the first trading week of April gets underway.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at C  ( 49 min )
    Saudi-Led Oil Producers to Lower Output Further
    The new cuts are expected to total more than a million barrels a day, potentially sending crude prices higher.  ( 27 min )
    What if the Fed hadn't made a 'mistake'? A hypothetical to consider.
    Hypotheticals are hard, but what if we considered an alternative world where the Fed had done what critics say should've happened?  ( 54 min )
    Tesla reports record Q1 deliveries as price cuts boost demand
    Tesla on Sunday reported first quarter delivery and production numbers that topped estimates, indicating price cuts it initiated across the globe are boosting demand.  ( 47 min )
    Oil prices to surge as Saudis slash production
    Saudi-led oil producers are to slash output by more than 1m barrels a day amid a scramble to drive up crude prices in the face of the stuttering global economy.  ( 50 min )
    This Week on Crypto Twitter: CZ Says 'Ignore FUD' After CFTC Lawsuit, Matt Damon Redeems Crypto.com Commercial
    Also: U.S. Senator Elizabeth Warren announced she’s “building an anti-crypto army” for her reelection campaign.  ( 49 min )
    Swiss Prosecutor Opens Probe Into Credit Suisse Takeover
    (Bloomberg) -- The Swiss Attorney General’s Office has opened an investigation into the government-brokered takeover of Credit Suisse Group AG by UBS Group AG and is gathering evidence to identify possible crimes.Most Read from BloombergOPEC+ Makes Surprise 1 Million-Barrel Cut in New Inflation RiskUBS to Slash Staff Up to 30%; Prosecutors Look at CS DealDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedTrump Weighs Bid to Shift NY Criminal Case to Staten IslandVeteran Money Managers  ( 47 min )
    UBS to Slash Staff Up to 30%; Prosecutors Look at CS Deal
    (Bloomberg) -- UBS Group AG will cut its workforce by between 20% and 30% after completing its takeover of Credit Suisse Group AG, SonntagsZeitung reported, as Swiss prosecutors started gathering evidence as part of a possible criminal investigation into the deal. Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedTrump Weighs Bid to Shift NY Criminal  ( 49 min )
    Dow Jones Futures: Tesla Deliveries Fall Short; OPEC+ Surprises With Output Cut
    No content preview
    Tesla Reports Uptick in Vehicle Deliveries After Price Cuts
    The company delivered around 36% more vehicles to customers in the first quarter than it did a year earlier.  ( 25 min )
    Tesla sales rise 36% in first quarter, following price cuts
    Analysts are watching to see if the price drops cut into the company's profit and margins per vehicle. Others suggested the company was taking advantage of its higher profit margins in a bid to pull market share from upstart companies and legacy automakers that are starting to sell more EVs.  ( 48 min )
    Top Growth Stocks for April 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into April.  ( 15 min )
    Dead Battery? Ford Has a Plan to Send Drones to the Rescue.
    Ford has been issued a patent for a drone system that will jump-start a dead battery.  ( 23 min )
    AI Stocks: In Case You Missed It This Week On Artificial Intelligence News
    No content preview
    World Bank Warns of Lost Decade for Global Economy
    The international lender sees demographics, war and pandemic aftereffects holding back growth.  ( 24 min )
    Jobs report ushers in a new quarter: What to watch this week
    The March jobs report will highlight the first week of the second quarter as investors look to build on gains from a stock market rally that kicked off 2023.  ( 49 min )
    Bed Bath Begins Three-Week Countdown to Possible Bankruptcy
    (Bloomberg) -- It took Bed Bath & Beyond Inc. almost two months to raise $360 million in emergency financing from a hedge fund positioned to profit from the deal. It wasn’t enough. Most Read from BloombergUBS May Cut Workforce by 20-30% After CS TakeoverTrump Weighs Bid to Shift NY Criminal Case to Staten IslandVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingNew York Plans to Close Key Streets for Trump’s ArraignmentParents Are Paying Consultants $750,000 to Get Kids Into Ivy Lea  ( 49 min )
    How to Buy Land and Build a House: 4 Steps
    Many people dream of owning a chunk of land and putting their dream house on it. Maybe you fantasize about pulling out all the stops and designing a home with every feature you've ever wanted. Well, to make that dream, … Continue reading → The post How to Buy Land and Build Your Dream House appeared first on SmartAsset Blog.  ( 50 min )
    Who Should Use Vanguard, Fidelity and Schwab?
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 52 min )
    How Many Bank Accounts Should I Have?
    Knowing how to bank effectively is a big part of being financially responsible. Different banks can have advantages over others. Employing different banking techniques can improve how you budget your money. One of those techniques is having multiple bank accounts. So, … Continue reading → The post How Many Bank Accounts You Should Have appeared first on SmartAsset Blog.  ( 49 min )
    How to Use Mega Backdoor Roths to Save on Taxes
    A mega backdoor Roth is designed for 401(k) savers who want to enjoy Roth account tax benefits. Learn how a mega backdoor Roth rollover works.  ( 51 min )
    Bosses who want their workers to be more productive are better off sharing their salary than forcing them back to office
    Workers who can see a clear path to better pay can make all the difference in their output.  ( 48 min )
    Home working deals blow to defence companies in race with Russia and China
    The rise of home working has left defence companies unable to hire crucial talent as they attempt to counter Russia and China, one of the industry's largest players has said.  ( 50 min )
    Bank Stocks Are Beaten Up. Is Now a Buying Opportunity?
    Bank stocks have been beaten down so much this year that they're now starting to look attractive.  ( 23 min )
    Top Utilities Stocks for April 2023
    These are the utilities stocks with the best value, fastest growth, and most momentum for April.  ( 14 min )
    Why the FDIC offered to take billions in losses to find SVB assets a new home
    When the FDIC agrees to "share losses" with banks, it's a good deal for the bankers. Is it a good deal for the FDIC?  ( 50 min )
    Investors Dumped Bank Stocks. Insiders at 2 Small Banks Bought Shares.
    Insiders at Peapack-Gladstone and Bankwell Financial scooped up shares in March as the banking sector tanked after SVB’s collapse.  ( 23 min )
    SVB Collapse Complicates Banks’ Efforts to Unload More Than $25 Billion of Junk Debt
    Banking turmoil and Twitter woes cloud the picture for ‘hung’ buyout loans.  ( 28 min )
    Individual Investors Slow Stock Purchases, Leaving Markets Vulnerable
    The sharp drop in individuals’ equity buying in recent weeks leaves stock markets without a dependable leg of support after a rocky first quarter.  ( 24 min )
    Texas woman uses 'cash stuffing' and stimulus check to pay off nearly $80,000 in debt
    Before she started cash stuffing, Jasmine Taylor said she was tired of being in financial distress. She turned that success into 'Baddies and Budgets'  ( 50 min )
    TipRanks ‘Perfect 10’ List: These Stock Giants Look Compelling at Current Levels
    Recognizing the right stocks is a skill that every investor needs to learn, and the sheer volume of market data, on the main indexes, on individual stocks, on and from stock analysts, can present an intimidating barrier. Fortunately, there are tools to help. The Smart Score is a data collection and collation tool from TipRanks, using an AI-powered algorithm to sort the data on every stock according to a series of factors, 8 in all, that are known for their strong correlation with future share ou  ( 49 min )
    Mind the Aftershocks: Post-Tantrum Market Calm Unnerves Traders
    (Bloomberg) -- Weeks of gut-wrenching turmoil are keeping investors on the lookout for further volatility explosions, despite the uneasy calm that’s recently descended on world markets. Most Read from BloombergVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingTrump Weighs Bid to Shift NY Criminal Case to Staten IslandParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaPutin Signs New Russia Foreign Poli  ( 50 min )
    OPEC+ to Hold Its Ground Amid Oil Tumult Caused by Bank Crisis
    (Bloomberg) -- OPEC+ is still finding that the best response to growing oil market uncertainty is to hold its ground.Most Read from BloombergTrump Weighs Bid to Shift NY Criminal Case to Staten IslandVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaPutin Signs New Russia Foreign Policy Against ‘Hostile’ WestWhen last month’s banking crisis dragged cru  ( 49 min )
    A Grain Glut Is Straining the Goodwill That Ukraine Badly Needs
    (Bloomberg) -- Blocked border crossings, a minister pelted with eggs and overflowing silos — anger is mounting among farmers in eastern Europe who say a rush of grain from Ukraine threatens their businesses, and it’s steadily eroding political goodwill.Most Read from BloombergTrump Weighs Bid to Shift NY Criminal Case to Staten IslandVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks  ( 50 min )
    Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains
    According to Bloomberg, Marc Andreessen and Ben Horowitz appeared on stage with WeWork co-founder Adam Neumann to talk for at least the second time since November about their firm's $350 million investment in Flow, which is Neumann's new residential real estate company. Meanwhile, the three reportedly laid it on thick, with Horowitz praising Saudi Arabia as a “startup country" and saying that "Saudi has a founder; you don’t call him a founder, you call him his royal highness.” Said Neumann separately: “It’s leaders like his royal highness that are actually going to lead us where we want to go.”  ( 50 min )
    ‘Work until I die’: China’s over-50s cut out of job market in economic recovery
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    10 Largest Beverage Companies
    With PepsiCo at the top of the pile, these are the 10 largest beverage companies by 12-month trailing revenue.  ( 17 min )
  • Open

    Ondanks herstel prijzen kondigt OPEC+ verlaging olieproductie aan
    Oliekartel OPEC+ gaat vanaf mei de olieproductie verlagen met meer dan 1 miljoen vaten per dag. Dat gebeurt ondanks het herstel van de olieprijzen.  ( 3 min )
    Tienduizenden banen op de tocht bij Zwitserse bank UBS
    Het Zwitserse bankconcern UBS gaat zijn personeelsbestand met 20 tot 30 procent verminderen nadat de overname van zijn geplaagde branchegenoot Credit Suisse is afgerond. Dat betekent dat er wereldwijd 36.000 banen worden geschrapt, meldt de Zwitserse krant SonntagsZeitung. De overname zal overigens worden onderzocht door de Zwitserse justitie, weet de Britse zakenkrant Financial Times.  ( 3 min )
    NU+ | Waarom komen zonnepanelen in weilanden en niet op lege daken?
    Regelmatig beantwoorden we klimaatvragen van lezers. Deze keer: Waarom leggen we nog zonneparken aan in weilanden? Kunnen we die zonnepanelen niet veel beter op daken of boven parkeerplaatsen leggen?  ( 5 min )
    NU+ | Klimaatvraag: Waarom komen zonnepanelen in weilanden en niet op daken?
    Regelmatig beantwoorden we klimaatvragen van lezers. Deze keer: Waarom leggen we nog zonneparken aan in weilanden? Kunnen we die zonnepanelen niet veel beter op daken of boven parkeerplaatsen leggen?  ( 5 min )
    NU+ | Klimaatvraag: Waarom komen zonnepanelen in weilanden en niet op lege daken?
    Regelmatig beantwoorden we klimaatvragen van lezers. Deze keer: Waarom leggen we nog zonneparken aan in weilanden? Kunnen we die zonnepanelen niet veel beter op daken of boven parkeerplaatsen leggen?  ( 5 min )
    Explainer | Iedereen elektrisch laten rijden: 'Als het goedkoper is gaat het vanzelf'
    In 2030 mogen er geen auto's meer verkocht worden die rijden op fossiele brandstoffen. Gaat dat het grote verschil maken? In de serie Het Kantelpunt kijken we naar positieve keerpunten in de strijd tegen klimaatverandering. Wanneer doen we genoeg?  ( 3 min )
    Dashcams en videodeurbellen: hoe ver mag je gaan met filmen op straat?
    Mag je met een videodeurbel wel of niet de openbare weg filmen? De belangrijkste privacyregel is dat je alleen je eigen bezittingen mag filmen. Maar je bent niet meteen strafbaar als je camera een stukje van de straat filmt.  ( 5 min )
    Prijzen van (paas)eieren hoger dan ooit, maar we eten er geen eitje minder om
    In aanloop naar het paasfeest stijgen de prijzen van eieren maar door. Dit komt door duur kippenvoer en door de vogelgriep. Vooral scharreleieren zijn peperduur en kosten in de winkel gauw een kwart meer dan vorig jaar. Maar we eten er geen eitje minder om.  ( 6 min )
    Lonen stijgen niet bij iedereen: wat kan je doen als een loonsverhoging uitblijft?
    Veel mensen kampen met financiële problemen als gevolg van de kostencrisis. Veel werkgevers helpen hun werknemers door met extra financiële steun over de brug te komen. Maar wat kan je als werknemer doen als een loonsverhoging uitblijft? "Je kan helaas niets afdwingen."  ( 6 min )

  • Open

    What Is Procurement?
    Procurement is commonly associated with businesses' or governments' need to solicit services or purchase goods, usually on a relatively large scale.  ( 16 min )
    Russell Small Cap Completeness Index
    The Russell Small Cap Completeness Index is a market capitalization-weighted index comprised of Russell 3000 stocks excluded from the S&P 500 Index.  ( 15 min )
    Social Science: What It Is and the 5 Major Branches
    Social science is a group of academic disciplines that examine human behavior and includes anthropology, economics, psychology, and sociology.  ( 20 min )
    Gross Profit vs. Net Income: What's the Difference?
    Learn about net income versus gross income (also known as gross profit). See how to calculate gross profit and net income when analyzing a stock.  ( 21 min )
    Six Forces Model: Definition, What It Is, and How It Works
    The six forces model is a strategic business tool that helps businesses evaluate the competitiveness and attractiveness of a market.  ( 22 min )
    Profitability Ratios: What They Are, Common Types, and How Businesses Use Them
    Profitability ratios are financial metrics used to assess a business's ability to generate profit relative to items such as its revenue or assets.  ( 20 min )
    8 Types of Americans Who Aren’t Eligible to Get Social Security
    Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 20 min )
    What Is Forex Trading? A Beginner’s Guide
    Forex trading is exchanging one currency for another to profit from the trade. Learn more about trading currency.  ( 25 min )
    As `Eras’ Kicks Off, Taylor Swift Has Amassed $570 Million Net Worth
    While fans take Ticketmaster to court over Eras presale tickets, Taylor Swift could earn another $600 million on tour.  ( 14 min )
    Customers Have All But Stopped Pulling Deposits from Small Banks
    After the implosion of Silicon Valley Bank, customers pulled $185 billion from small banks, the largest weekly loss on record. The bleeding all but stopped a week later.  ( 11 min )
    U.S. Stocks, Bonds, Gold All Rise in Q1 Amid Volatility
    U.S. stocks, bonds, and gold all rose in first quarter amid considerable volatility spurred by a banking crisis and changing interest rate expectations.  ( 13 min )
    These Companies Could Take TikTok Ban to the Bank
    TikTok has a leading share of the youth market, but YouTube Shorts, Instagram Reels, Snapchat are poised to step in.  ( 14 min )
    Powerful Vanguard Mutual Funds for Your Roth IRA
    Some Vanguard funds are better than others for a Roth IRA. Investors use these funds to diversify with equities, bonds, and real estate investment trusts.  ( 19 min )
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    We reviewed the best brokers for international trading platforms for both U.S.-based and non-U.S. citizens. Get details on the features, as well as their pros and cons.  ( 22 min )
    What Are the Dormancy and Escheatment Rules for IRAs?
    Learn about the dormancy and escheatment rules for IRAs and why the dormancy period applies differently to IRAs than other financial assets.  ( 15 min )
  • Open

    Twitter's Revenue Drops As Advertisers Voice Major Concerns
    Twitter has been bleeding advertisers since Elon Musk took over, with several high-profile companies pausing promotions on the platform. According to a report by Bloomberg, last year, from September to October, the top advertisers on Twitter spent $71 million on ads. However, during the previous two months, that figure dropped to $7.6 million, a decline of 89%, Bloomberg cited research firm Pathmatics. Last November, General Motors Corp. (NYSE: GM) was among the first companies to announce pausi  ( 48 min )
    How New Technology Will Disrupt The Oil And Gas Industry
    Energy companies are increasingly turning toward tech heavyweights for help in cutting costs and streamlining operations  ( 50 min )
    Google Co-Founder Sergey Brin, Other Billionaires Subpoenaed In Lawsuit Over JPMorgan's Links With Jeffrey Epstein
    U.S. Virgin Islands Attorney General Denise George has subpoenaed Alphabet Inc's (NASDAQ: GOOGL) Google co-founder Sergey Brin and three other billionaires in a civil lawsuit concerning JPMorgan Chase & Co's (NYSE: JPM) links to Jeffrey Epstein, reports The Wall Street Journal. George filed a lawsuit accusing JPMorgan Chase & Co (NYSE: JPM) of facilitating Jeffrey Epstein's sex-trafficking scheme and helping him to cover it up. The lawsuit claims that human trafficking was the principal business  ( 48 min )
    Virgin Orbit runs low on cash, ByteDance pushes a TikTok replacement, and Canoo settles with the SEC
    For the uninitiated, WiR is where TechCrunch recaps all the tech news that took place for the week. Crash and burn: Virgin Orbit is laying off around 85% of its workforce in order to further reduce expenses after the troubled space company said it was unable to secure additional funding to keep it afloat. The news, which Virgin Orbit filed with the U.S. Securities and Exchange Commission on Thursday, comes just two weeks after the company furloughed all employees and entered an "operational pause" in order to find more cash.  ( 50 min )
    Fed May Take Comfort With US Jobs Seen Showing Moderating Wages
    (Bloomberg) -- The pace of US hiring in March likely continued to show firm yet moderating labor demand, just as an anticipated slowdown in wage growth may offer some comfort to Federal Reserve officials in their inflation battle.Most Read from BloombergVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingTrump Weighs Bid to Shift NY Criminal Case to Staten IslandParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Lea  ( 52 min )
    Most workers aren't using this key retirement tool to the fullest
    Of the 13 million HSAs in the Employment Benefit Research Institute’s database, only 12% of the account holders invested their HSAs in assets other than cash.  ( 49 min )
    Sabotage by supermarket rivals slows Aldi’s British invasion
    Sabotage by supermarket rivals risks stopping Aldi hitting its target of having 1,200 stores across the UK by 2025, its chief executive has said.  ( 51 min )
    Britain to get floating gas terminals in energy security boost
    Floating gas terminals are to be anchored off Britain's coast under plans being worked on to boost energy security. Government officials say they are working to support firms who want to install the vessels in the UK, as part of efforts to avoid a repeat of this winter’s energy crisis. It would bolster the UK’s capacity to import from around the world, potentially making it less exposed to gas market shocks as domestic supplies fall.  ( 47 min )
    8 Types of Americans Who Aren’t Eligible to Get Social Security
    Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 20 min )
    Robust Bond Gains Mask Risk of Market Pain Ahead
    (Bloomberg) -- The year of the bond is in danger of hitting a wall. Most Read from BloombergVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSchwab Hit by Worst Month Since 1987 Amid Cash Sorting WoesGlobal credit markets just wrapped up their second consecutive quarterly win as buyers piled  ( 50 min )
    JPMorgan's Bob Michele Issues Dire Warning On Rally Of Risk Assets, Says Recession Is Inevitable
    Bob Michele, the chief investment officer of JPMorgan Asset Management, has warned of an economic downturn, saying that markets are headed for a rally before an inevitable slowdown. In an interview with Bloomberg on Friday, Michele says risk assets will rise in the next quarter as they did during the Great Recession. "In the next quarter, we could see risk assets rally. You could have a feel-good period, and then the reality catches up," Michele said. "If we've been taught anything this month, y  ( 48 min )
    Balaji Srinivasan’s $1M Bitcoin Bet Could Be Right, but I Hope He’s Wrong
    "Deutsche Bank share slide reignites worries among investors" – was the BBC headline when everything clicked. It added to the increasingly worrying set of events that have affected the global banking system over the past few weeks: another sign that we may be at the dawn of the Great Financial Crisis 2.0. Peter McCormack is the creator and host of the What Bitcoin Did podcast and chairman of the Real Bedford football club.  ( 55 min )
    America's Best Housing Markets For Growth & Stability
    Gone are the days of a sub-3% mortgage, commonplace during the housing market boom of the COVID-19 pandemic. Mortgage rates have steadily increased since the Federal Reserve started hiking interest rates in March 2022 to combat inflation. As a result, … Continue reading → The post Best Housing Markets for Growth and Stability – 2023 Edition appeared first on SmartAsset Blog.  ( 51 min )
    Medicaid Eligibility Changes Set to Hit Hospitals, Insurers, States
    Millions could lose coverage as their Medicaid eligibility is reviewed, with financial effects rippling through the healthcare industry.  ( 27 min )
    Hong Kong’s Crypto Ambitions Get a Boost From U.S. Crackdown
    Hong Kong’s attempt to attract cryptocurrency companies is getting help from an intensifying crackdown by U.S. regulators.  ( 25 min )
    NIO, Li Auto, XPeng March Deliveries Gave Investors What They Want.
    March deliveries from the three Chinese EV makers fell within the companies' guided ranges. Combined deliveries were up month over month and year over year.  ( 23 min )
    SVB’s Fall Stunned Even the One Stock Analyst Who Said to Sell
    (Bloomberg) -- Morgan Stanley’s Manan Gosalia saw risks gathering over Silicon Valley Bank as tech startups burned through cash.Most Read from BloombergVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingTrump Weighs Bid to Shift NY Criminal Case to Staten IslandParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaPutin Signs New Russia Foreign Policy Against ‘Hostile’ WestSo in early December, he issued a  ( 50 min )
    What the Ethereum Shanghai Upgrade Means for You, ETH, and the SEC
    Shanghai is the next major upgrade scheduled for Ethereum. Here’s everything you need to know about what to expect.  ( 51 min )
    How Much Is a Decent Retirement Home Going to Cost Me?
    A retirement home is a private facility that offers seniors care and support. These facilities typically have amenities and services that cater to the needs of seniors, including meal preparation, housekeeping, medical care and social activities. Here's a breakdown of … Continue reading → The post Retirement Home: Cost and Service Guide appeared first on SmartAsset Blog.  ( 50 min )
    Car loan cost surge pressures manufacturers to reinstate discounts
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Can I Actually Retire at 30 With $10 Million?
    The sum of $10 million might sound like a lot – and to the average person, it is. But what if you want to retire at just 30 years old and potentially live another 40, 50 or even 60 years … Continue reading → The post Is $10 million Enough to Retire at 30? appeared first on SmartAsset Blog.  ( 49 min )
    What Is the Seven-Pay Test For Life Insurance?
    Life insurance policies are attractive vehicles providing tax-advantaged growth that the stock market doesn't hinder. As a result, throwing as much money as possible into the account can be tempting. After all, who wouldn't want to maximize their gains Unfortunately, … Continue reading → The post What Is a Modified Endowment Contract? appeared first on SmartAsset Blog.  ( 49 min )
    What Is a Power of Appointment For a Trust or Will?
    Establishing a trust or will is vital to a well-designed estate plan; you might even use both. However, even the best estate plans can't anticipate changes in the future or head off new tax legislation. Fortunately, a power of appointment … Continue reading → The post Power of Appointment for a Trust or Will appeared first on SmartAsset Blog.  ( 50 min )
    Customers Have All But Stopped Pulling Deposits from Small Banks
    After the implosion of Silicon Valley Bank, customers pulled $185 billion from small banks, the largest weekly loss on record. The bleeding all but stopped a week later.  ( 13 min )
    Soaring Auto Loan Rates Are the Latest Roadblock for Car Sales
    (Bloomberg) -- Just when it seemed like things were getting back to normal at Rhett Ricart’s Columbus, Ohio, car dealerships — after pandemic-induced inventory shortages and runaway price inflation — a new obstacle emerged to keep buyers from closing the deal: soaring interest rates on auto loans.Most Read from BloombergParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaTrump Faces Fingerprints, Mug Shot After Drama  ( 49 min )
    America’s offices are suffering under a dark cloud of malaise, as half of workers say they’re unhappy
    Roughly half of working Americans say they are not satisfied in their jobs. Millennials and Gen Z are the unhappiest.  ( 49 min )
    Veteran Money Managers Bail on Stock Rally With Fed Hawks Flying
    (Bloomberg) -- Optimism about imminent rate cuts is stirring animal spirits — and unease — in equal measure at the end of a turbulent quarter in markets. Most Read from BloombergParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentGlobal Food Supply Risks Rise as Key Traders Leave RussiaSchwab Hit by Worst Month Since 1987 Amid Cash Sorting WoesChina Hits Micron With Review of Chips, Citing Security RisksProminent  ( 50 min )
    Media giants slash costs, point to 'peak' losses in streaming
    The stock market wiped a whopping $500 billion-plus in market capitalization from the world's biggest media, cable, and entertainment giants in 2022.  ( 50 min )
    Real estate giant makes prediction over housing affordability squeeze
    America's real estate market won't see better affordability "any time soon" due to a lack of housing supply and a steep decline in new home construction, RE/MAX's CEO says.  ( 48 min )
    How Credit Suisse lured – and then burned – the Saudi crown prince
    When Credit Suisse opened its first office in Saudi Arabia in early 2021, Bruno Daher, the cigar-smoking head of Credit Suisse’s Middle East business, declared it a “key growth market”.  ( 51 min )
    3 things you may have missed as markets wrapped up a first-quarter rally
    The banking crisis was downgraded a bit this week. So here's what else you should have been watching in markets.  ( 49 min )
    Investors Seek Safety in Tech Stocks, Money-Market Funds
    During a wild first quarter, investors scrambled both into speculative stocks that were hammered in 2022, as well as the relative safety of money-market funds.  ( 25 min )
    Lyft Staff Pressed Founders for Change as Uber Pulled Ahead
    Ride-share company’s new CEO says his priorities are boosting employee morale and overhauling the customer and driver experience.  ( 28 min )
    Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation
    Behind the billionaire’s gamble to turn Twitter into a company worth more than 10 times its current valuation is an idea he has hung on to for more than two decades: digital banking.  ( 27 min )
    TJX Boosts Its Dividend While Others Maintain
    Discount retailer TJX lifted its quarterly dividend by 13%. Four other large U.S. companies said they would maintain payouts at the current levels.  ( 23 min )
    Branson’s space dreams are crashing to Earth for the last time
    No one said extraterrestrial exploration was easy but some attempts are best quickly forgotten.  ( 48 min )
    Bed Bath & Beyond sued by former CEO over unpaid severance
    Former Bed Bath & Beyond CEO Mark Tritton was ousted last June as chief executive and is suing the retailer for failing to honor his severance deal.  ( 47 min )
    Seven Dividend Stocks for Uncertain Economic Times
    Treasuries aren't the only refuge in a slowdown. Dividend names also "can provide a margin of safety," says UBS.  ( 23 min )
    Credit Suisse takeover hits heart of Swiss banking, identity
    The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland’s two global banks comes at a thorny time for Swiss identity, built nearly as much on a self-image of finesse in finance as on know-how with chocolate, watchmaking and cheese. “The real question is what’s going to happen, because we’ll now have a mastodon — a monster — that will be increasingly too big to fail,” said Marc Chesney, a finance professor at the University of Zurich.  ( 51 min )
    Market Rally Builds Momentum; Tesla Breaks Out, Rivals Near Buy Points With EV Deliveries Due
    No content preview
    March’s Stock Market Came in Like a Lion, Goes Out Like a Bull
    Investors are buffeted by worries and hopes as bank failures erupt, then are quickly dealt with by regulators; yield curve inverts and then improves, and extent of further rate hikes is debated.  ( 23 min )
  • Open

    Markets End Winning Quarter With Gains
    U.S. equities end the day, month, and quarter in the green on March 31, 2023, as a key inflation report showed that price growth was easing.  ( 1 min )
    U.S. Stocks, Bonds, Gold All Rise in Q1 Amid Volatility
    U.S. stocks, bonds, and gold all rose in first quarter amid considerable volatility spurred by a banking crisis and changing interest rate expectations.  ( 1 min )
  • Open

    Richard Branson's Virgin Orbit Plunges Back Down to Earth
    Shares of billionaire Sir Richard Branson’s Virgin Orbit Holdings (VORB) are plummeting after the satellite launch company said it was eliminating almost all of its workforce, and would cease operations for "the foreseeable future" because of financial difficulties.  ( 1 min )
    These Companies Could Take TikTok Ban to the Bank
    TikTok has a leading share of the youth market, but YouTube Shorts, Instagram Reels, Snapchat are poised to step in.  ( 1 min )
  • Open

    Scheepvaart langer in problemen bij Nieuwe Waterweg door fout bij tunnelwerk
    De scheepvaart heeft zeker tot zondagochtend nog problemen bij de Nieuwe Waterweg in de Rotterdamse haven. Rijkswaterstaat meldt dat schepen tot in ieder geval 7.00 uur geen doorgang krijgen vanwege een fout bij tunnelwerkzaamheden.  ( 4 min )
    Kantoorpersoneel NS vaker in de trein om werkdruk conducteurs te verlichten
    NS zet honderden mensen van kantoor en tijdelijk ingehuurde beveiligers in om de werkdruk van conducteurs in de trein te verlichten. 250 kantoormedewerkers zijn bereid om een jaar lang twee dagen in de maand treinassistent te zijn.  ( 4 min )
    Explainer | Van oude, naar nieuwe situatie: zo wordt je statiegeldblikje verwerkt
    Op maar liefst 2,5 miljard blikjes komt er vanaf 1 april statiegeld. Achter de schermen is er hard gewerkt om de manier van inname grotendeels te veranderen. NU.nl neemt een kijkje bij de oude en de nieuwe situatie.  ( 3 min )
    Verzet tegen alternatieve producten van tabakslobby blijft groot: 'Is dezelfde troep'
    De tabaksindustrie zet steeds meer in op producten als de e-sigaret en nicotinezakjes. Zo proberen sigarettenfabrikanten marktaandeel te behouden nu steeds meer Europese landen roken aan banden leggen. Maar de lobby voor deze zogenaamde alternatieven stuit op veel verzet.  ( 7 min )

  • Open

    Life After Bankruptcy
    Find out what you have to look forward to after filing for Chapter 7 or 13 bankruptcy.  ( 19 min )
    Rotating Savings and Credit Association (ROSCA): Definition
    A rotating savings and credit association (ROSCA) is an informal financial institution, consisting of a group of individuals. ROSCAs are found throughout the world.  ( 17 min )
    Crypto Exchange Bittrex Winds Down U.S. Operations
    The Bittrex cryptocurrency exchange told users that it's winding down its U.S. operations, effective April 30.  ( 10 min )
    Markets End Winning Quarter With Gains
    U.S. equities end the day, month, and quarter in the green on March 31, 2023, as a key inflation report showed that price growth was easing.  ( 12 min )
    Top CD Rates Today, March 31
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    What Are Exchange-Traded Notes (ETNs), and How Do They Work?
    Exchange-traded notes (ETNs) are a type of unsecured debt security that tracks an underlying index of securities and trades on a major exchange like a stock.  ( 18 min )
    A Medicaid Protection Expires Saturday, Threatening Coverage For 15 Million
    Starting on Saturday, millions of people enrolled in Medicaid will have to re-enroll in the program or lose their healthcare coverage as a federal rule that protected them expires.  ( 12 min )
    Social Security Funds Set to Run Out Earlier than Expected
    U.S. Social Security trust funds are now set to be depleted by 2034, one year earlier than expected.  ( 10 min )
    Personal Consumption Expenditures (PCE): What It Is, Measurement
    Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 20 min )
    What to Expect in the Markets Next Week
    Coming up next week: the latest updates on the labor market, PMI readings, OPEC+ meeting  ( 13 min )
    How Jeff Bezos Became One of the World’s Richest Men
    The engineering grad turned hedge fund VP quit a stable job to build “the everything store.”  ( 23 min )
    Defaults on Commercial Real Estate Loans Surge to 14-Year High
    Commercial real estate feeling the pain from rising rates, work and shopping trends  ( 11 min )
    Top Energy Stocks for April 2023
    These are the energy stocks with the best value, fastest growth, and most momentum for April 2023.  ( 15 min )
    Blackboard Trading
    Blackboard trading involves writing bid and ask prices on chalkboards on the wall of an exchange.  ( 13 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 15 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 16 min )
    Insurance Guaranty Association Definition
    An insurance guaranty association protects policyholders and claimants in the event of an insurance company’s impairment or insolvency.  ( 14 min )
    What Are Rectangles?
    Rectangles are a technical trading pattern in which an asset's price ranges between two horizontal price points, creating a rectangle pattern.  ( 14 min )
    Can the US Break China's Dominance of Electric Car Markets?
    EV tax credit rules and a shift in global policies may help boost the American EV market and fuel US EV makers  ( 14 min )
    When Should You Adjust Your W-4 Withholdings?
    When there are major occurrences in your life, adjust the tax withholding information on your W-4 to ensure that the appropriate amount of income is withheld for taxes.  ( 18 min )
    Short the Basis Definition
    Short the basis refers to the simultaneous buying of a futures contract and selling the underlying asset to hedge against future price appreciation.  ( 13 min )
    Today's Mortgage Rates & Trends - March 31, 2023: Rates Dip
    Rates on 30-year mortgages were dipped slightly on Thursday, continuing a pattern of modest movement for a fourth day this week.  ( 12 min )
    Richard Branson's Virgin Orbit Plunges Back Down to Earth
    Shares of billionaire Sir Richard Branson’s Virgin Orbit Holdings (VORB) are plummeting after the satellite launch company said it was eliminating almost all of its workforce, and would cease operations for "the foreseeable future" because of financial difficulties.  ( 11 min )
    Top Small-Cap Stocks for April 2023
    Biggest movers include Ardmore Shipping, Teekay Tankers, and TransMedics Group, all more than doubling in price in the last year while the Russell 1000 Index lost more than a 10th of its value.  ( 15 min )
    How to Pay for Medical School: Financing & Costs
    Medical school can be expensive, but students have quite a few options to help pay for their education. Learn how to make medical school more affordable.  ( 21 min )
    Teaching Financial Literacy: Why You Need to Start From a Young Age
    Teaching financial literacy to kids can help them build money knowledge and habits that will last a lifetime. Learn about the benefits to starting young with money lessons.  ( 20 min )
    How to Invest in Gold and Silver
    Opening an online brokerage account is an essential step in investing in gold and other precious metals. Learn what you need to open an investment account and how to do it.  ( 24 min )
    Compare Today's Best Mortgage Rates
    Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 20 min )
    The Fed's Preferred Inflation Gauge Rose Less Than Expected in February
    The Federal Reserve’s preferred gauge of inflation rose less than expected in February, boosting optimism policymakers might be able to pull back on their aggressive efforts to fight high prices.  ( 11 min )
    The Best 20-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 20 min )
    The Best 15-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 20 min )
    The Best 10-Year Mortgage Rates of 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 22 min )
    The Best Jumbo Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 26 min )
    The Best 30-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 13 min )
    Compare Today's Best Mortgage Refinance Rates
    Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 14 min )
    Nikola Shares Plunge as Company Eyes Secondary Stock Offering
    Shares of electric truck maker Nikola (NKLA) are plunging 15% after the company announced plans to raise $100 million in a secondary stock offering and possibly a private sale of stock to an unnamed investor if the offering raises less than $100 million.  ( 10 min )
    How to Build an Investment Portfolio for Retirement
    An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 19 min )
    5 Questions to Ask About Your Company's 401(k) Plan
    Ensure a comfortable retirement and take advantage of your company's 401(k) if it's offered.  ( 17 min )
    5 Things to Know Before Markets Open
    The Fed's favorite inflation measure is lower than expected and a slow down in bank borrowing signals stabilization in that sector. Here’s what investors need to know today.  ( 11 min )
    Investopedia Anxiety Index
    The Investopedia Anxiety Index is a gauge of investor sentiment based on the behavior of over 20 million Investopedia readers around the world.  ( 15 min )
    Financial Education Resources for Kids
    There are plenty of great money-related resources for kids on the Internet and on library bookshelves.  ( 19 min )
    Capital Investment: Types, Example, and How It Works
    Capital investment is the acquisition of physical assets by a business in order to further its long-term goals and objectives.  ( 21 min )
    North American Industry Classification System (NAICS)
    The North American Industry Classification System is a business classification system developed by the United States, Canada, and Mexico.  ( 14 min )
    Gross Domestic Product (GDP) Per State
    Though the U.S. has the largest economy in terms of GDP, not all parts of it are made equal. Here's how GDP and GDP per capita differ in each state.  ( 17 min )
    GDP Per Capita Defined: Applications and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 17 min )
    Different Types of Financial Institutions
    There are eight major types of financial institutions. Understand the types of financial institutions, the purpose of each, and how they enable prosperity.  ( 17 min )
    Avoid an Audit by Knowing These 6 Red Flags
    While some audits are random, many are triggered by taxpayer activity. These six red flags may grab the attention of IRS reviewers.  ( 15 min )
    What is a Financial Institution?
    A financial institution (FI) is a company that focuses on dealing with financial transactions, such as investments, loans, and deposits.  ( 21 min )
    What Can You Buy With Bitcoin?
    Bitcoin and other cryptocurrencies have attracted the interest of investors. But what can you actually buy with them today?  ( 19 min )
  • Open

    Altria Lays Out a Transition to Smokeless Products. But It Begins With the Dividend.
    The biggest cigarette company in the U.S. acknowledges that it has to move toward smokeless products. But to hold its shareholder base, it also knows it has to grow an already rich dividend.  ( 23 min )
    The Stock Market Rallied Into a Banking Slowdown. Be Worried.
    Growth stocks helped lift the market during the first three months of the year, but tighter lending conditions could make it more difficult from here.  ( 23 min )
    Meghan Markle wins defamation lawsuit filed by her half-sister
    The lawsuit said the royal made "false and malicious statements" in her 2021 Oprah Winfrey interview and elsewhere.  ( 47 min )
    XRP Surges on 'Investor Hope' That Ripple Defeats SEC
    The token's surge is due to speculation around a long-running legal battle with the SEC, analysts say.  ( 47 min )
    Disney, First Citizens, Alibaba: Stocks That Defined the Week
    Here are seven major companies whose stocks moved on the week’s news  ( 25 min )
    US Power Plant Firm Goes Bankrupt After Winter Storm Penalties
    (Bloomberg) -- Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator. Most Read from BloombergParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentUS Stocks Extend Rally as Traders Eye Peak Rates: Markets WrapWorld’s Top-Rated Airport Sees Immigration System Restore  ( 49 min )
    Walmart and Philip Morris Get Upgrades. Can Either Beat 5% Money Markets?
    Between recent bank turmoil and a future debt-ceiling crisis, stockpickers may well go hunting for some deals. Here’s the cases for two recent upgrades: a giant grocery chain and a cigarette company with a radical product shift in the works.  ( 23 min )
    Why Apple Stock and the Rest of Big Tech Can Keep Gaining
    The Nasdaq-100's move into a bull market has raised concern that the rally is overdone. But there is a case to be made for the index to keep rising.  ( 23 min )
    Depositors yank another $126 billion from US banks
    Customers withdrew another $126 billion the week ending March 22, bringing total industry deposits to their lowest level since July 2021.  ( 48 min )
    Top CD Rates Today, March 31
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 13 min )
    U.S. Auto Sales: GM, Ford, Tesla To Lead 'Unexpectedly Strong' First Quarter
    No content preview
    The Best—and Worst—Stocks This Quarter in the Nasdaq-100, S&P 500, and Dow
    Chip stock Nvidia soared 90% in the first quarter, reversing a 50% decline in 2022. First Republic had its worst quarter on record.  ( 23 min )
    Week’s Best: Fisher Investments Heads to Texas
    Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 23 min )
    A top strategist says ‘massive unrealized losses’ are a ‘Pandora’s box’ for banks and it’s going to impact lending
    Bank volatility has finally started to calm down, but the sector has underlying issues that will be harder to fix.  ( 49 min )
    Dow Jones Adds 415 Points To End First Quarter; Elon Musk's SpaceX Rival Loses In Space Race
    No content preview
    Bed Bath & Beyond stock closes at all-time low of $0.43
    Bed Bath & Beyond’s (BBBY) stock ended the quarter at an all time low, as the retailer taps the the public markets one more time in its latest effort to turn itself around.  ( 48 min )
    Bed Bath & Beyond stock closes at all-time low of 43 cents
    Bed Bath & Beyond’s (BBBY) stock ended the quarter at an all time low, as the retailer taps the the public markets one more time in its latest effort to turn itself around.  ( 47 min )
    Bed Bath & Beyond stock closes at all-time low of 42 cents
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    Peter Schiff: We Are On The Cusp Of Another Financial Crisis
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    Schwab ETF Logs $4.6 Billion Inflow Amid Quarter-End Shuffle
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    The 10 best 1-year CD rates for April 2023
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    ‘Dr. Doom’ Nouriel Roubini warns economic ‘trilemma’ is making a financial crash inevitable
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    Want to land one of A.I.’s lucrative six-figure roles? Experts say there are ‘no technical skills required’
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    IRS Rules on EV Credits Leave One Giant Question. April 18 Is the Date to Watch.
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    Summers Warns ‘Too Early’ for All-Clear on US Financial Turmoil
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    Schwab Eyes Worst Month Since 1987 as Cash Shifts to Money Funds
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    China Hits Micron With Review of Chips, Citing Security Risks
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    Tesla Deliveries, Jobs Report Headline Short Week: Investing Action Plan
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    Iger firms up Disney strategy ahead of shareholder meeting as ESPN, Hulu futures loom
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    Block’s Answer to Short-Seller Claims Gets Approval. Wall Street Still Likes the Stock.
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    MicroStrategy’s Bitcoin Bet is on Verge of Profitability Again
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    CZ tweeted that a $1B recovery fund would be moved into ‘native crypto’ with ‘transparency.’ Then Binance stuck it in a corporate wallet
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    New EV Rules Mean Fewer Models Eligible for Tax Credit
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    Republic First Is ‘NOT’ First Republic, But Try Telling Traders That
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    Billionaire Sternlicht resigns from Cano Health board, criticizes CEO
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    GE and Siemens Gamesa Settle Their Beef. But Something Else Matters More for GE Stock.
    The settlement over wind power patents is a small positive. The bigger deal is a price target increase from a Morgan Stanley analyst.  ( 23 min )
    Tesla Recalls Some Semi-Trucks, Ford Slams Brakes On Self-Driving Dreams, TikTok Founder Meets Walmart Chief Privately: Today's Top Stories
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    As Nvidia Stock Firms Up, Option Trade Could Return Nearly $300
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    Nikola Shares Plunge as Company Eyes Secondary Stock Offering
    Shares of electric truck maker Nikola (NKLA) are plunging 15% after the company announced plans to raise $100 million in a secondary stock offering and possibly a private sale of stock to an unnamed investor if the offering raises less than $100 million.  ( 10 min )
    We are living through a trillion-dollar rebalancing
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Stocks rise as first quarter wraps up: Stock market news today
    Stocks were higher early Friday after some cooler-than-expected inflation data, as investors also eye the end of an eventful first quarter that has seen the S&P 500 gain nearly 5% while the Nasdaq 100 entered a new bull market.  ( 47 min )
    Seeking at Least 8% Dividend Yield? Goldman Sachs Suggests 2 Dividend Stocks to Buy
    One thing is certain in the stock markets lately: their inherent uncertainty is taking charge, and high volatility is here to stay. For months, investors and economists have worried about the recessionary effects of the Federal Reserve’s anti-inflationary interest rate hikes – but the recent bank crisis has added another layer of concern to an already tumultuous situation. Now, we’re dealing with the fallout from that crisis, and inflation and interest rates both remain high. It’s a textbook cas  ( 51 min )
    Micron Stock Tumbles After China Says It Will Review Chip Sales in Key Market
    China accounted for more than 10% of Micron's revenue in 2022. The move by regulators confirms a fear raised by the company earlier this year.  ( 23 min )
    When Does a Retiree's Income Trigger Taxes?
    Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 49 min )
    Procrastinators, Rejoice: The 6.89% I bonds Will Beat the Old 9.62% Bonds in Just 4 Years
    With a yield of 9.62%, the recently expired Series I bond was understandably popular. With interest rates rising, bond funds are down this year and banks continue to offer miserly rates on deposit accounts. So it's no wonder that a … Continue reading → The post It Pays to Procrastinate: The New 6.89% I bonds Will Beat the Old 9.62% Bonds in Just 4 Years appeared first on SmartAsset Blog.  ( 49 min )
    A $200,000 Annuity Will Pay Out This Much a Month
    An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 50 min )
    Baby Boomers, You Need This Much Money to Retire Comfortably
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    Average Retirement Savings For Married Couples By Age
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    Stock futures higher as first quarter wraps up: Stock market news today
    Stock futures were mixed early Friday with investors eyeing the end of an eventful first quarter that has seen the S&P 500 gain nearly 5% while the Nasdaq 100 entered a new bull market.  ( 48 min )
    J&J Drops Out Of A Key Race, Leaving Pfizer, GSK, Moderna To Duke It Out
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    Fed's Key Inflation Rate Cooled In February; S&P 500 Futures Rise
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    A key inflation gauge tracked by the Fed slowed in February
    The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January. The report also showed that consumer spending rose 0.2% from January to February, a drop from a month earlier but an indication that households are still providing fuel for economic growth.  ( 48 min )
    Dow Jones Futures Extend Gains After Cool Inflation Data; 6 Stocks To Buy And Watch
    No content preview
    Community bank CEO: ‘Congress must raise the bank deposit insurance limit to $10 million’
    Exception-based coverage signals to depositors that they might get some extra protection at a systemically important bank–and compounds risk.  ( 50 min )
    Virgin Orbit’s sudden collapse is the latest in a series of high-risk failures by Richard Branson
    The satellite deployment startup founded by Branson is letting go of the bulk of its staff citing an 'inability to secure meaningful funding'.  ( 48 min )
    Three Stocks Turn $10,000 To $25,265 In Just 3 Months
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    Nikola Sells Stock at a Discount. It Needs the Cash.
    EV startups need money. Nikola is raising more. The electric and hydrogen fuel cell truck technology company announced a $100 million stock sale late Thursday.  ( 23 min )
    US Futures Calm Before Fed-Favored Inflation Gauge: Markets Wrap
    (Bloomberg) -- US equity futures were steady and European stocks rose as traders awaited an inflation reading preferred by the Federal Reserve as a measure of underlying price pressures. The dollar strengthened.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After Delays$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketA $3 Trillion Threat to Global Financial Markets Looms in Japan$52 Billion Chip  ( 49 min )
    Iraq Oil Shutdowns Worsen as Gulf Keystone Cuts Kurdistan Output
    (Bloomberg) -- Gulf Keystone Petroleum Ltd. will become the latest oil producer in Iraqi Kurdistan to cut production, as a legal spat between the region’s government and Baghdad that’s pushed up crude prices drags on.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After Delays$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketA $3 Trillion Threat to Global Financial Markets Looms in Japan$52 Billio  ( 49 min )
    Euro-Area Core Inflation Hits Record, Backing Case for ECB Hikes
    (Bloomberg) -- Underlying inflation in the euro area hit a record in March, handing ammunition to European Central Bank officials who say interest-rate increases aren’t over yet.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After Delays$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketA $3 Trillion Threat to Global Financial Markets Looms in Japan$52 Billion Chipmaking Plan Is Racing Toward Fail  ( 49 min )
    Nomura Says US Money Supply Plunge Is ‘Elephant in the Room’ for Markets
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    Bed, Bath & Beyond is making a $300 million effort to skirt bankruptcy
    Bed Bath & Beyond is offering $300 million of its stock in yet another attempt to keep itself afloat.  ( 48 min )
    The first quarter of the year sent investors back to the future: Morning Brief
    The tech sector's current boom feels like 2021, but there's a ton of differences between then and now.  ( 49 min )
    How You Can Grab a 0% Tax Rate
    The zero rate on investment income is often overlooked. Make sure it’s in your tax tool kit.  ( 25 min )
    Here’s What Retirement Looks Like in America in Six Charts
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    These Stocks Are Moving the Most Today: Virgin Orbit, Tesla, Nikola, BlackBerry, Rumble, and More
    Virgin Orbit stock sinks after the space launch startup says it will cut 85% of its workforce, Tesla is expected to release first-quarter deliveries numbers over the weekend, and Nikola announces it plans to sell $100 million of stock.  ( 23 min )
    El-Erian: Warning Signs Are Now Flashing Yellow
    Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the worst of the recent turmoil in banking is over, but there are still warning signs. "We're going from liquidity to capital, and from financial contagion to economic contagion," El-Erian said in an interview on Bloomberg Television in Cernobbio, Italy. El-Erian's opinions are his own. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en  ( 47 min )
    Virgin Orbit on brink of collapse as it sacks 85pc of staff
    Virgin Orbit is on the brink of collapse after the troubled rocket launch company announced it was laying off 85pc of its staff and ceasing operations.  ( 47 min )
    The Battle Over TikTok Is Just Starting. Here Are the Potential Outcomes—and the Most Likely Winners.
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    Alibaba, JD.com Awaken China Tech’s Long-Dormant IPO Machine
    (Bloomberg) -- Alibaba Group Holding Ltd. and JD.com Inc. have begun preparations for a trio of the year’s biggest Chinese debuts, heralding a wave of initial public offerings that promise to breathe new life into the struggling technology industry and Hong Kong’s stock market.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic Indictment$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketSingapore’s Changi Airport Warns of Delays Due to System Issues$52 Billion C  ( 50 min )
    Flight to Money Funds Is Adding to the Strains on Small Banks
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    Flood of cash into US money market funds could add to banking strains
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    Tesla Pursues Building a New US Plant With China’s Dominant Battery Maker
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  • Open

    Loket voor wie blokaansluiting heeft gaat eind april open
    Het loket voor het aanvragen van energiesteun voor huishoudens met een blokaansluiting gaat 25 april open, meldt het ministerie van Economische Zaken. Vaak gaat het om studentenhuizen en appartementencomplexen. Het ministerie schat in dat het gaat om ongeveer 700.000 huishoudens.  ( 3 min )
    Meer dan de helft van de Groningse gasputten gaat definitief dicht op 1 april
    Zes van de elf putten waar nog Gronings gas uit wordt gewonnen, gaan dicht op zaterdag 1 april. Dat meldt staatssecretaris Hans Vijlbrief (Mijnbouw) vrijdag. De sluiting is een volgende stap in het langzaam afbouwen van de gaswinning in Groningen.  ( 3 min )
    Italië verbiedt ChatGPT vanwege privacyschending
    De Italiaanse privacytoezichthouder GPDP heeft het gebruik van ChatGPT in Italië verboden. OpenAI, het bedrijf achter de chatbot, houdt zich volgens de waakhond zich niet aan de regels voor verzameling van persoonsgegevens.  ( 3 min )
    Miljardair Branson stopt met een deel van zijn ruimtevaartbedrijf
    De Britse miljardair Richard Branson heeft een deel van zijn commerciële ruimtevaartactiviteiten stopgezet. Het gaat om het onderdeel Virgin Orbit, dat satellieten de ruimte in kan schieten. De stap kost honderden mensen hun baan.  ( 3 min )
    Stakingen in streekvervoer voorlopig van de baan: cao-onderhandelingen hervat
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    Eneco laat ook gastarief onder het prijsplafond zakken
    Eneco verlaagt de gas- en stroomprijzen voor klanten die per 1 mei nieuwe tarieven krijgen. Door die verlaging ligt bij de energieleverancier voor het eerst zowel het gas- als het elektriciteitstarief onder het prijsplafond van het kabinet.  ( 3 min )
    Ook inflatie in eurolanden lager, maar boodschappen blijven duur
    Niet alleen in Nederland is de inflatie in maart gedaald. In alle eurolanden zijn de prijzen deze maand veel minder hard gestegen dan in februari, meldt het Europese statistiekbureau Eurostat op basis van voorlopige cijfers.  ( 3 min )
    Loonstijging in maart komt uit op recordniveau van 7,3 procent, hoger dan inflatie
    De lonen zijn afgelopen maand gemiddeld met 7,3 procent gestegen. Dat is een record, blijkt uit cijfers van werkgeversvereniging AWVN. De loonstijging ligt daarmee voor het eerst sinds tijden hoger dan de inflatie, die in maart op 4,4 procent uitkwam.  ( 4 min )
    Weer meer omzet voor winkels dankzij hoge prijzen
    Nederlandse winkels hebben in februari 8,5 procent meer omgezet dan in dezelfde maand een jaar eerder. Dat komt vooral doordat de prijzen nu veel hoger zijn, meldt statistiekbureau CBS op basis van nieuwe cijfers. Vooral bij de supermarkten was de omzet hoog.  ( 3 min )
    Inflatie daalde flink in maart: prijzen nog 'maar' 4,4 procent hoger dan jaar eerder
    De inflatie in maart is uitgekomen op 4,4 procent, meldt statistiekbureau CBS op basis van nieuwe cijfers. Dat kwam vooral door de dalende energieprijzen. Veel boodschappen werden vorige maand wel weer duurder.  ( 3 min )
  • Open

    Market Rally Continues on Banking, Inflation Optimism
    The rally in U.S. equities continued for a second straight day on March 30, 2023, with positivity regarding the banking sector and interest rates.  ( 1 min )
    5 Things to Know Before Markets Open
    The White House readies new rules for mid-sized banks and Intel shares are up after it unveils a new data center chip. Here’s what investors need to know today.  ( 1 min )
    5 Things to Know Before Markets Open
    The Fed's favorite inflation measure is lower than expected and a slow down in bank borrowing signals stabilization in that sector. Here’s what investors need to know today.  ( 1 min )
  • Open

    Bed Bath & Beyond Warns About Bankruptcy, Again
    Shares of Bed Bath & Beyond (BBBY) plummeted on March 30, 2023, as the retailer announced a new stock sale and warned of bankruptcy risks.  ( 1 min )
    Nikola Shares Plunge as Company Eyes Secondary Stock Offering
    Shares of electric truck maker Nikola (NKLA) are plunging 15% after the company announced plans to raise $100 million in a secondary stock offering and possibly a private sale of stock to an unnamed investor if the offering raises less than $100 million.  ( 1 min )
    Carl Icahn and Illumina Proxy Fight Heats Up
    Biotech firm Illumina (ILMN) told shareholders not to vote for the board nominees put forward by billionaire activist investor Carl Icahn.  ( 1 min )

  • Open

    Virgin Orbit Stock Plunges After Massive Layoffs
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    Bed Bath & Beyond stock sinks 24% after filing to sell shares
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    EVgo Crushes Sales Estimates and Guidance Is OK. The Stock Is Rising.
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    RH CEO blames Fed, inflation, stock market, and banking crisis for business weakness
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  • Open

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    What Is a Bank Guarantee? How They Work, Types, and Example
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    Top CD Rates Today, March 30
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    Biden Tells Regulators To Get Tougher On Banks
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    Loss Payee: Definition, How It Works in Insurance, and Benefits
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    Why Is My Bank Account Frozen?
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    Extendable Bond Definition
    An extendable bond is a long-term debt security that includes an option which allows the bondholder to extend its initial maturity to a later date.  ( 13 min )
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    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 21 min )
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    Gross Domestic Product (GDP): Formula and How to Use It
    Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 31 min )
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    Enterprise Value (EV) Formula and What It Means
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    How Is My Credit Score Calculated?
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    5 Things to Know Before Markets Open
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    How Hard Is a Career Selling Life Insurance?
    Learn why selling life insurance is a difficult way to make a living, but also how agents who persevere are rewarded.  ( 18 min )
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    Average Raise Percentage: Raises, Salaries, and Factors
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    10 Biggest Healthcare Companies
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    Income in Respect of a Decedent (IRD): Definition and Taxes
    Income in respect of a decedent (IRD) is money owed to a person before they passed away, like a salary or wages. The person or entity that inherits the income pays the taxes.  ( 15 min )
  • Open

    Inspectie en Heineken ruziën over blikjes zonder statiegeldlogo
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    Marktonderzoeksbureau Blauw is een kort geding gestart omdat het bedrijf en zijn klanten zijn getroffen door een datalek. Het lek komt van softwareleverancier Nebu, maar die geeft volgens Blauw-topman Jos Vink nauwelijks informatie.  ( 3 min )
    Accijns op tabak omhoog: pakje sigaretten kost vanaf zaterdag ruim 9 euro
    Roken wordt vanaf zaterdag 1 april nog wat duurder. Op een pakje met twintig sigaretten komt 1,22 euro extra belasting, waardoor de prijs stijgt naar 9,42 euro. Volgend jaar komt er nog eens 1,22 euro bovenop. De prijzen van andere tabaksproducten, zoals shag en sigaren, stijgen ook.  ( 3 min )
    Inzakkende woningmarkt zorgt voor meer aanbod tijdens Open Huizen Dag
    Flink meer woningeigenaren doen zaterdag mee aan de Open Huizen Dag, meldt de organiserende makelaarsvereniging NVM. Op 1 april zijn zo'n 13.600 woningen te bekijken, wat fors hoger is dan de 11.000 huizen van de laatste editie in oktober.  ( 3 min )
    AEX voor het eerst sinds bankenonrust boven de 750 punten
    De AEX-index is donderdag voor het eerst sinds de bankenonrust van de voorbije weken boven de 750 punten gekomen. Drie weken geleden kwamen enkele Amerikaanse banken in de problemen, wat de beurskoersen flink deed kelderen. Maar sinds een aantal dagen lopen de koersen weer wat op.  ( 3 min )
    Wat je moet doen als je slachtoffer van een groot datalek bent
    Via een marktonderzoeksbureau zijn de gegevens van klanten van de NS, VodafoneZiggo, De Vrienden van Amstel LIVE en zorgverzekeraar CZ gelekt. Honderdduizenden Nederlanders zijn daarvan de dupe. Misschien ligt ook jouw informatie op straat. Wat kun je dan het beste doen?  ( 6 min )
    EU wil vanaf 2030 meer gebruikmaken van duurzame energie
    De Europese Unie wil vanaf 2030 meer gebruikmaken van duurzame energie. Die energie moet dan 42,5 procent van het totale gebruik vormen. Dat hebben de EU-landen en het Europees Parlement afgesproken.  ( 3 min )
    Inflatie in Spanje bereikt laagste punt in twintig maanden
    De inflatie in Spanje is in maart gedaald tot 3,3 procent, blijkt donderdag uit cijfers van het Spaanse statistiekbureau INE. Dat is het laagste inflatiecijfer van het land sinds augustus 2021.  ( 3 min )
    Gegevens duizenden bezoekers Vrienden van Amstel LIVE op straat door datalek
    De gegevens van 22.000 bezoekers van De Vrienden van Amstel LIVE liggen door een datalek op straat. Het lek ontstond bij een leverancier van marktonderzoeker Blauw. Organisator Heineken heeft de mensen die zijn getroffen donderdag op de hoogte gebracht.  ( 3 min )
    We betalen gemiddeld minder hondenbelasting in ons land
    De hondenbelasting in ons land is gemiddeld met ruim 14 procent gedaald. Dat blijkt uit onderzoek van de Rijksuniversiteit Groningen naar de verschillende belastingen in Nederland.  ( 2 min )
    Vorig jaar bijna 61 miljoen euro schade door fraude in betalingsverkeer
    De schade als gevolg van fraude in het betalingsverkeer is vorig jaar uitgekomen op bijna 61 miljoen euro. Dat is een lichte daling ten opzichte van 2021, meldt de Nederlandse Vereniging van Banken (NVB) donderdag.  ( 3 min )
    Ook Duitsland is in de ban van acties en stakingen
    Ook Duitsland is in de greep van stakingen en acties van werknemers. Door de prijsstijgingen is er veel onrust over lonen en arbeidsvoorwaarden. Daarom legden werknemers in verschillende sectoren de afgelopen tijd het werk neer.  ( 3 min )
    Aan plannen geen gebrek, maar minister heeft hele klus aan woningbouwambities
    De ambities van het kabinet voor de woningbouw zijn torenhoog: over zeven jaar moet Nederland minimaal 900.000 extra woningen tellen. Aan plannen van minister Hugo de Jonge (Volkshuisvesting) geen gebrek, maar ook het aantal tegenslagen is niet mals.  ( 8 min )
    Tijdelijke bonus om parttimers meer uren te laten werken boekt eerste succes
    De oplossing voor het personeelstekort kan weleens dichterbij zijn dan gedacht: onder de neus van de werkgevers. In de zorg, kinderopvang en het onderwijs proberen ze hun eigen personeel nu te verleiden meer uren te werken in ruil voor een bonus. En dat lijkt z'n vruchten af te werpen.  ( 6 min )
    Aan plannen geen gebrek, maar minister heeft zware klus aan woningbouwambities
    De ambities van het kabinet voor de woningbouw zijn torenhoog: over zeven jaar moet Nederland minimaal 900.000 extra woningen tellen. Aan plannen van minister Hugo de Jonge (Volkshuisvesting) geen gebrek, maar ook het aantal tegenslagen is niet mals.  ( 8 min )
  • Open

    Markets Rise as Banking Concerns Ease
    U.S. equities advanced on March 29, 2023, on optimism that the worst of the recent banking turmoil could be behind us.  ( 1 min )
    5 Things to Know Before Markets Open
    Former CEO Sergio Ermotti returns to UBS to help with Credit Suisse transition and bank regulators prepare for another day of questioning on oversight failures. Here’s what investors need to know today.  ( 1 min )
  • Open

    Lululemon Athletica Shares Soar on Better-than-Expected Profit, Guidance Boost
    Lululemon Athletica (LULU) shares are soaring after the fashion athletic apparel retailer reported better-than-expected holiday quarter profit and full-year guidance.  ( 1 min )
    Credit Suisse Helped Wealthy US Clients Evade Taxes, Senate Report Says
    A Senate investigation says over 20 ultra high-net worth Credit Suisse clients had more than $780 million in undeclared assets, in violation of a 2014 plea deal.  ( 1 min )

  • Open

    ‘Charts Point to Higher Highs,’ Says Oppenheimer. Here Are 2 Stocks With Over 100% Upside Potential
    There are different ways to assess whether it’s time to lean heavily into a certain class of stocks, and according to Oppenheimer’s head of Technical Analysis Ari H. Wald, the charts right now are pointing toward a resurgence in growth. “Recent points of market discussion have included incremental cracks in value and concurrent relative strength in growth,” Wald noted. “Breaking down the components and their influence on the market, we see growth in a stronger position to the lead the S&P 500 hi  ( 49 min )
    Market Rally Picks Up Steam, Here's What To Do; 10 Stocks Flashing Buy Signals
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    Buy Alibaba Stock Because $130 Is Around the Corner, Says Top Analyst
    It’s all change at Alibaba (NYSE:BABA). In what represents the biggest recalibration of the organization in its 24-year history, the Chinese ecommerce giant announced that it will split its business into six different groups (Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics, Global Digital Commerce Group and Digital Media and Entertainment Group). Each group will have its own CEO and board of directors. Each will also be able to raise outside f  ( 48 min )
    Why RH Shares Are Headed Lower After Hours
    RH (NYSE: RH) reported worse-than-expected financial results after the bell. The stock is trading down on the heels of the report. Q4 Revenue: $772.5 million missed estimates of $779.75 million Q4 EPS: $2.88 missed estimates of $3.34 Although quarterly results were below the company’s pandemic peak, management highlighted adjusted operating margins of 22% and adjusted EBITDA margins of 25.9%, representing the most profitable business model in company history. “It’s clear that the stay-at-home re  ( 47 min )
    Stocks moving after-hours: Electronic Arts, RH
    Here are some of today's after-hour movers.  ( 47 min )
    Here's How Much to Keep in Stocks, Bonds and Cash in Retirement
    There are many different approaches and strategies for retirement investing that might appeal to you. But how do you tell if a certain strategy works for your situation? When evaluating different approaches, consider how each strategy is put together and … Continue reading → The post Here's How Much to Keep in Stocks, Bonds and Cash in Retirement appeared first on SmartAsset Blog.  ( 49 min )
    The AI explosion could help Micron and the chip industry turn the corner
    The AI explosion could provide a salve for the chip industry's woes.  ( 48 min )
    First Republic Bank is not currently looking for a buyer
    First Republic Bank is no longer actively looking for a buyer as potential suitors are concerned about the losses they'll have to add to their books with no government backup.  ( 50 min )
    Nasdaq 100 Enters Bull Market as Bank Jitters Ease, Tech Rallies
    (Bloomberg) -- The Nasdaq 100 Index surged into a new bull market Wednesday for the first time in nearly three years as traders pile into technology stocks and angst around the recent bank turbulence eases.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketFBI Releases Files on Ivana TrumpScotiabank Economist Excoriates Trudeau, Freeland Over $32 Billion Spen  ( 48 min )
    Polestar 3 begins 'product ramp up' with cheaper, tax-friendly version on deck
    Swedish EV-maker Polestar is inching ever closer towards its big release of the Polestar 3 SUV. The company kicked of its roadshow for the electric SUV, with the North American debut of the Polestar 3 at an event in New York City. Suffice to say the Polestar 3 will be Polestar - backed by Volvo and China’s Geely - biggest product release in its history, as it takes on a growing field of EV SUV competitors like the Tesla Model X, Mercedes EQS SUV, and BMW iX.  ( 48 min )
    FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay
    (Bloomberg) -- The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of the matter.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUBS Veteran Ermo  ( 50 min )
    Stocks rally, crypto surges as first quarter nears end: Stock market news today
    Stocks rallied on Wednesday as investor nerves appeared to settle as a surprisingly strong first quarter for the stock market nears its conclusion on Friday.  ( 48 min )
    Microsoft Among 19 Stocks To Watch That Are Launching New Moves
    No content preview
    Bet on Fed Rate Going to 1.5% Nets $10 Million After Wild Ride
    (Bloomberg) -- A bold options bet on sharp Federal Reserve interest-rate cuts appears to have been closed out for a $10 million profit, quadruple the initial stake, after it became nearly worthless for a time.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverBanking tu  ( 47 min )
    Intel Rallies After Saying New Server Chips Will Come Sooner Than Expected
    (Bloomberg) -- Intel Corp., the biggest maker of computer processors, surged as much as 7.4% after announcing that new products for the lucrative server market will come sooner than expected.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverThe company will shift to a  ( 48 min )
    Sleepy Schwab Bond Fund Notches $2 Billion of Flows in One Day
    (Bloomberg) -- A bond ETF with no meaningful flows since it was launched more than three years ago just got an injection of nearly $2 billion.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverAssets in Schwab 5-10 Year Corporate Bond ETF (ticker SCHI) swelled to a reco  ( 48 min )
    More companies are watching their remote workers WFH on camera—but it’s costing them big time
    97% of companies think spying on their remote workers makes them more productive. But many employees end up getting fired for it—or quitting.  ( 49 min )
    Investing: How I really screwed up playing the interest rate game
    If you want an example of how someone can get carried away by what seem to be high interest rates, you don’t need to look at huge financial messes like Silicon Valley Bank, R.I.P. Instead, you can look at me.  ( 50 min )
    Nvidia Stock Is an AI Winner, but How Much Higher Can It Go?
    The big topic at Nvidia’s (NASDAQ:NVDA) recent GTC event concerned the opportunity around AI, with the company stressing it is well-positioned to be at the forefront of this secular trend. The event came hot on the heels of the release of OpenAI’s ChatGPT-4, the improved AI bot trained on both images and text. And fittingly, at the event, NVDA’s CEO Jensen Huang sat down with OpenAI co-founder Ilya Sutskever to talk about all things AI. Needham analyst Rajvindra Gill logged in to get the lowdown  ( 47 min )
    Alibaba Stock Could Double. Splitting Up Fundamentally Changes the Valuation.
    The tech giant's reorganization plan will change how investors value the stock, both now and in the future, analysts predict.  ( 23 min )
    This Citigroup Preferred Yields 10%. Is It Too Good to Be True?
    The bank has chosen not to redeem the preferred in recent years despite being able to do so.  ( 23 min )
    Schwab Cash Sorting Woes Could Persist, Citi Analyst Says
    Shares of Charles Schwab have tumbled about 35% so far this year as investors reassess the impact of rising interest rates.  ( 23 min )
    Cash Is a ‘Compelling Alternative’ to Stocks, Bank of America Says
    (Bloomberg) -- Sticking with the mantra “cash is king” may be a winning strategy for investors this year as turbulence in the financial sector obscures the Federal Reserve’s path and worsens the economic outlook.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketFBI Releases Files on Ivana TrumpScotiabank Economist Excoriates Trudeau, Freeland Over $32 Billio  ( 49 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    Top Dividend Stocks for April 2023
    These are the stocks trading on U.S. or Canadian exchanges with the highest forward dividend yield.  ( 17 min )
    How to Legally Avoid Capital Gains Tax on Mutual Funds
    In the long run, if you sell an investment asset for a profit you will owe capital gains taxes. But for active investors, it's important to understand that the IRS gives you a few ways to defer those taxes. This … Continue reading → The post How to Avoid Capital Gains Tax on Mutual Funds appeared first on SmartAsset Blog.  ( 51 min )
    This Is What Killed Credit Suisse
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    Cathie Wood, Ark Bet On These Stocks Under $5
    No content preview
    China EV Sales To Rebound Further In March; BYD Q1 Sales To Jump 80%
    No content preview
    For Tesla, This Is the Most Important Delivery Result Ever. Just Look at the Stock.
    Tesla shares are having their best start to a year ever after having the worst start to the year ever. That setup makes the coming delivery number key.  ( 23 min )
    Top Gold Stocks for Q2 2023
    Sibanye Stillwater, Sandstorm, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 17 min )
    Why Stratasys Shares Are Trading Higher Premarket Today
    On March 29, Nano Dimension Ltd (NASDAQ: NNDM) submitted a revised offer to acquire Stratasys, Ltd (NASDAQ: SSYS) at $19.55 per share in cash. Nano Dimension proposes to acquire the remaining shares of Stratasys for an aggregate of approximately $1.2 billion on a fully diluted basis. The new offer represents a premium of 37% to the closing trading price as of March 3. Nano Dimension has been the largest shareholder of Stratasys since July 2022 and currently owns approximately 14.5% of Stratasys'  ( 47 min )
    AI-Focused Crypto Protocol Fetch.ai Raises $40M to Deploy Decentralized Machine Learning
    The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.  ( 47 min )
    BYD reports strong sales growth despite Tesla price cuts
    China’s BYD motors posted huge fourth-quarter results.  ( 48 min )
    'So absurd': Bernie Sanders says the top 15 hedge fund managers earn more than all the kindergarten teachers in the US — here are 3 of the richest hedgies and what they're invested in
    What we know about the world’s richest.  ( 49 min )
    Carnival Beats Expectations, but Its Stock Still Doesn't Merit a Party
    The cruise line operator's massive debt and stock dilution remain stumbling blocks for this value investor.  ( 12 min )
    GBP to USD Forecast – British Pound Running Into Wall of Resistance
    The British pound initially tried to rally during the trading session on Wednesday, but you can see that the market has run into a little bit of resistance.  ( 48 min )
    The 3 Strongest REITs With Dividend Yields Above 6%
    Lately, it’s been difficult to remain fully invested in real estate investment trusts (REITs) when so many high-yielding REITs have had their share prices decimated over the past two months or longer. Among the 104 REITs whose dividend yields are 6% or higher, only one — Broadmark Realty Capital Inc. (NYSE: BRMK) — has had a positive return over the past four weeks, and that’s because it was acquired by Ready Capital Corp. (NYSE: RC). Of the 104 REITs with 6% or higher dividends, 30 have lost be  ( 49 min )
    Cathie Wood Doubles Down on These 2 Stocks Under $5
    There’s no getting away from it, given the Fed’s policy of aggressive rate hikes, a soft landing for the U.S. economy appears out of the question. That at least is the opinion of Cathie Wood, who is therefore readying for a hard landing. “Money velocity is flattening,” the ARK Investment Management CEO said recently in reference to the recent banking mess while Wood also expects a marked deceleration in nominal gross domestic product. However, these are all blind spots for the Fed, she believes,  ( 49 min )
    Will Deutsche Bank be the Next to Fall? Worried Investors Are Already Turning to Gold
    After Silicon Valley Bank became the second-largest bank of all time to fail, investors and analysts across the world have been sounding alarm bells. Some fear that the entire banking system is still at risk, but many think that the Treasury Department’s decision to bail out depositors was enough to solve the problem. The crisis raised concerns about the stability of all major banks, but Deutsche Bank, one of the world's largest and most scrutinized financial institutions, is worrying investors  ( 49 min )
    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
    My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.  ( 51 min )
    In Case You Haven't Heard: Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back
    The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.  ( 48 min )
    Is $2 Million Enough to Retire at 70?
    Planning for retirement can be complicated, even with millions in the bank. Let's take a look at some of the most common tools you can use and questions people have about retiring at 70 with a $2 million nest egg. … Continue reading → The post Is $2 Million Enough to Retire at 70? appeared first on SmartAsset Blog.  ( 50 min )
    ‘Show me how … so I don’t go to prison’: Real estate guru Grant Cardone weighs in on new method to invest in real estate. Plus two simple ways to build your real estate portfolio
    The verdict? The future is virtual.  ( 50 min )
    Lululemon's ill-timed Mirror acquisition is now almost worthless
    Lululemon's acquisition of Mirror has been an utter failure.  ( 47 min )
    Micron Stock Jumps Despite Sales Plunging 53%. Here’s Why.
    Micron is seeing pressure on its business from high customer inventory and weak PC demand. But things improve from here.  ( 23 min )
    Alibaba Stock Could Double Over Its Split Plan. There Are Even More Reasons to Like It.
    Analysts at J.P. Morgan expect shares in Alibaba to keep climbing after its reorganization announcement. The stock could more than double.  ( 24 min )
    I make $100K a year; how come I still can't get ahead? A six-figure salary may not be enough for the American dream anymore — but here are 3 simple ways to stop living paycheck to paycheck
    Have you any dreams you'd like to sell?  ( 49 min )
    Nvidia and Chip Stocks Rise as Micron Sees Inventories Improving
    While AI excitement has boosted Nvidia's stock, other chip makers are also talking up prospects for a rebound this year.  ( 23 min )
    Russia Says Crop Titan Cargill Will Stop Exporting Its Grain
    (Bloomberg) -- Russia said top agricultural commodities trader Cargill Inc. will stop exporting its grain, adding to uncertainty over the future of Black Sea crop shipments. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverBanks in France Face More Than $1.1 Billion Fines After RaidsAs the biggest wheat exporter, Russian grain i  ( 49 min )
    Elon Musk Says Warren Buffett Missed Out On The Best Stock
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    Should You Delay Social Security During a Down Market or Take It at 62?
    Down markets can present a difficult decision for new retirees. On one hand, withdrawing money from the market during a downturn can lock in investment losses, wreaking havoc on the longevity of their retirement plan. Conversely, avoiding portfolio withdrawals early … Continue reading → The post Should You Delay Social Security During a Down Market or Take It at 62? appeared first on SmartAsset Blog.  ( 51 min )
    Biden’s sweeping plan to help renters comes 'at the expense' of mom-and-pop landlords — here's what to do if you still want your slice of the real estate pie
    Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.  ( 50 min )
    3 International Stocks With Strong Dividends and Long-Term Growth Potential
    There is considerable value to be found among international names at the moment.  ( 18 min )
    Microsoft’s CEO said he ‘never expected’ to land the top job—this is his best piece of career advice
    Nadella also revealed his three top tips for aspiring leaders.  ( 48 min )
    Micron Revives Some of Its Worst Memories
    The memory-chip maker is now losing billions as it writes down inventory to wait out downturn.  ( 24 min )
    These Stocks Are Moving the Most Today: Micron, Lululemon, Lucid, UBS, Alibaba, and More
    Micron stock rises as the chip maker says high customer inventories have been showing signs of improvement, while Lululemon surges after issuing better-than-expected guidance for the current fiscal year.  ( 23 min )
    Nvidia’s Sizzling AI-Driven Rally Flashes a Warning
    (Bloomberg) -- Of all the stocks that have been supercharged by this year’s artificial intelligence frenzy, Nvidia Corp. stands alone.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsMcKinsey Starts Eliminating 1,400 Roles This Week in a Rare Round of Job CutsThe key supplier of chips required to power chatbots has more than  ( 49 min )
    Warren Buffett's Occidental end game
    According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.  ( 47 min )
    Top economist Mohamed El-Erian warns that ‘erosion in trust’ caused by banking crisis will lead to ‘economic contagion’
    El-Erian warned “fallout” from recent banking stress is adding to pressure on the economy.  ( 48 min )
    Accountants’ Salaries Are Rising, but It May Not Add Up to More Accountants
    The salaries offered to U.S. accountants and auditors last year climbed at their quickest pace in recent years, but industry observers say increasing pay alone may not be enough to remedy a national shortage of accountants.  ( 25 min )
    Is Alibaba's US$34 billion stock rally justified? Here's what BofA, Deutsche Bank, Daiwa and Macquarie say about the business makeover
    Investors persevering with Alibaba Group were richly rewarded after the stock logged the biggest gain since November. The market reaction suggests its plan to overhaul the US$257 billion tech empire will bring great benefits to shareholders. The move is expected to unlock values from its assets, most analysts said, while allaying Beijing's concerns over the group's dominance in the local economy. Is the US$32 billion overnight gain in market value in New York, and HK$21 billion (US$2.7 billion)  ( 49 min )
    GameStop Decides It Likes Stores After All
    Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations.  ( 24 min )
    Cryptos Bounce Back From Binance Wobble. Bitcoin Is on a Road to $36,000.
    Inflation data Friday will be a key macro catalyst for Bitcoin, which has rallied amid shifting monetary policy expectations.  ( 23 min )
    UBS chief steps down ‘in the interest of Switzerland’ after Credit Suisse deal
    UBS has drafted in the chief executive who helped it recover from the financial crisis to steer the bank through the takeover of Credit Suisse.  ( 48 min )
    Dow Jones Futures Rise: Micron Says Sales Growth 'Close'; LULU Stock Jumps On Earnings
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    For Alibaba, Six Is Bigger Than One—And a Smaller Target
    There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same direction.  ( 26 min )
    Oil Extends Gains as Report Points to Shrinking US Stockpiles
    (Bloomberg) -- Oil extended gains after an industry report signaled a big draw in US crude stockpiles as an ongoing dispute halts exports from Turkey.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksWest Texas Intermediate futures rose for a third session toward  ( 48 min )
    Kuwait Wealth Fund Sells €1.4 Billion of Mercedes Shares
    (Bloomberg) -- The Kuwait Investment Authority launched a sale of about 20 million shares in Mercedes-Benz Group AG — roughly a quarter of its stake — after the carmaker’s stock almost quadrupled over the last three years.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showin  ( 47 min )
    Next Chapter in Europe’s Energy Crisis — Summer Risks for Gas
    (Bloomberg) -- Europe has negotiated through the winter of a crisis that threatened to choke energy supplies and overwhelm its economy, but officials are warning that the squeeze may not yet be over. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFears of black  ( 51 min )
    Bitcoin holds ground amid Binance lawsuit, XRP continues run up, U.S. equities dip
    Bitcoin rebounded in Wednesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies. XRP led the winners.  ( 48 min )
    Elon Musk Changes a Major Twitter Move After Outcry
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    BYD’s Net Income Jumps More Than 400% as EV Shift Takes Hold
    (Bloomberg) -- BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and stepped up its battle with Tesla Inc. for market share. Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksNet income soared 446  ( 47 min )
    Traders Go Long Treasuries After Hedge Funds Unwind Short Bets
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    How a Janitor Built an $8 Million Fortune Without Touching Cryptos, Stock Options or Leverage
    Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. To stay updated with top startup investments, sign up for Benzinga’s Startup Investing & Equity Crowdfunding Newsletter His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend rem  ( 48 min )
    DIV ETF Yields 7.3% and Pays Monthly. Here Are the Pros and Cons
    With a monthly dividend payout and a yield that beats inflation, the Global X SuperDividend ETF (NYSEARCA:DIV) is a tempting choice for dividend investors. However, there are several pros and cons that investors should weigh when it comes to this high-yield ETF. What Does the DIV ETF Do? DIV is another one of Global X’s family of monthly-dividend ETFs, which also includes the likes of the Global X SuperDividend ETF (NYSEARCA:SDIV) and the Global X SuperDividend REIT ETF (NYSE:SRET). DIV “seeks t  ( 50 min )
    Amazon reportedly considering purchase of AMC Entertainment
    Amazon is reportedly looking into the potential purchase of AMC Entertainment and its chain of movie theaters as a means of boosting its physical marketing presence.  ( 48 min )
  • Open

    What Is a Credit History? Impact on Scores and Credit Report
    Credit history is the ongoing documentation of your financial information, including repayment of your debts. Learn what is included in your credit history.  ( 18 min )
    Buy Now, Pay Later (BNPL) Could Become a Multi-Trillion Dollar Business
    The market for buy now, pay later (BNPL), an alternative to credit cards whose popularity exploded during the pandemic, could surge to nearly $3.7 trillion by 2030 as more consumers take advantage of ways to pay for goods and services in interest-free installments instead of lump sums.  ( 12 min )
    Markets Rise as Banking Concerns Ease
    U.S. equities advanced on March 29, 2023, on optimism that the worst of the recent banking turmoil could be behind us.  ( 11 min )
    Top 3 Telemedicine Companies for 2022
    Telemedicine companies that represent a growing segment of the health care sector are seeing a surge in popularity both from investors and consumers.  ( 12 min )
    Can I Improve My Credit Score With a Utility Bill?
    In most states, utility providers aren't obligated to report payment histories to the major credit bureaus. Learn how utility payments can affect your credit score.  ( 15 min )
    The Ascending Triangle Pattern: What It Is, How To Trade It
    An ascending triangle is a chart pattern used in technical analysis created by a horizontal and rising trendline. The pattern is considered a continuation pattern, with the breakout from the pattern typically occurring in the direction of the overall trend.  ( 18 min )
    Life Expectancy Definition
    Life expectancy is defined as the age to which a person is expected to live, or the remaining number of years a person is expected to live.  ( 15 min )
    Zero-Coupon Bond: Definition, How It Works, and How To Calculate
    A zero-coupon bond is a debt security that doesn't pay interest but trades at a deep discount, rendering profit at maturity when it is redeemed.  ( 17 min )
    Time Running Out for Retirees to Complete Mandatory IRA Withdrawals
    Retirees who turned 72 last year have until Saturday, April 1 to complete their first required minimum distribution from their IRA or 401(k).  ( 11 min )
    Semiconductors: What Is the Supply Chain? Why Is it Important?
    Semiconductors are the memory modules, microprocessors, and other chips found in electronic devices and other products. Their supply chain is crucial to the economy, but since it is complex it can be subject to disruption.  ( 18 min )
    Investing in Foreign Dividend Stock in a Roth IRA
    Adding foreign dividend stocks to your Roth IRA can be complicated. In this guide, we’ll take you through the key considerations.  ( 19 min )
    Self-Serving Bias: Definition and Examples
    Learn about the self-serving bias and how it influences decision-making in finance and investing.  ( 18 min )
    Top CD Rates Today, March 29
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    How Do Currency Swaps Work?
    Learn how a currency swap works, including who uses these transactions, the mechanics and purposes.  ( 16 min )
    Bank Regulators Call for More Rules in Wake of Silicon Valley Bank Failure
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    Shareholder Value: How to Maximize It
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    Stock Trading Strategies for Active Traders
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    Calculating the Equity Risk Premium
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    Today's Mortgage Rates & Trends - March 29, 2023: Rates Edge Up
    Rates on 30-year mortgages were mostly flat on Tuesday while rates on other terms edged up slightly.  ( 12 min )
    Credit Suisse Helped Wealthy US Clients Evade Taxes, Senate Report Says
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    Lululemon Athletica Shares Soar on Better-than-Expected Profit, Guidance Boost
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    Health Insurance for Pregnant Women: Cost and How to Get It
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    Top Dividend Stocks for April 2023
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    10 Biggest Shipping Companies
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    Inflation or the Economy: What Will Fed Rate Hikes Break First?
    When the Federal Reserve starts hiking rates, economists say, it keeps going until something breaks. So what’s going to break next?  ( 17 min )
    How to Buy a House with Low Income
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    How to Choose a Debt Management Plan
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    How Much Should I Save for Retirement if I Make $50K a Year?
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    Top Fiat Currencies Used to Trade Bitcoin
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    Top Gold Stocks for Q2 2023
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    5 Things to Know Before Markets Open
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    Tenant Rights in the US: A Modern History
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    What You Must Know Before Investing in Cryptocurrency
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    How 211 Can Help with Your Finances
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    Indexing: Definition and Uses in Economics and Investing
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    How To Invest On a Shoestring Budget
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    Money Orders: When, Where, and How
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    Perfect Hedges: What They are and How They are Made
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    What Is the Rule of 70? Definition, Example and Calculation
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  • Open

    Een afspraak maken met de drugsdealer gaat meestal via WhatsApp
    Jongvolwassenen in Nederland gebruiken vaker WhatsApp dan andere apps om drugs te kopen. Maar er is nog veel onbekend over online drugsverkoop. Het Trimbos-instituut vindt dat meer onderzoek nodig is.  ( 5 min )
    Ook VodafoneZiggo getroffen door datalek: gegevens 700.000 klanten op straat
    VodafoneZiggo is getroffen door een datalek. Daarbij zijn de persoonlijke gegevens van zo'n 700.000 klanten naar buiten gekomen, waarschuwt de provider woensdag.  ( 2 min )
    Schrappen van btw op groente en fruit blijkt moeilijk en weinig effectief
    Het plan van het kabinet om de btw op groente en fruit verlagen naar 0 procent klinkt goed, maar levert weinig op. De maatregel is juridisch ingewikkeld en levert erg weinig gezondheidswinst op, concluderen onderzoekers van SEO Economisch Onderzoek.  ( 4 min )
    Technologie-experts roepen op ontwikkeling van AI-systemen te pauzeren
    Meer dan duizend vooraanstaande mensen uit de technologiesector zijn erg bezorgd over de snelle ontwikkeling van kunstmatige intelligentie. In een open brief roepen onder anderen Tesla-baas Elon Musk en medeoprichter van Apple Steve Wozniak op de AI-ontwikkeling tijdelijk te pauzeren.  ( 4 min )
    Ook VodafoneZiggo getroffen door datalek bij marktonderzoeker
    VodafoneZiggo waarschuwt klanten woensdag dat hun persoonlijke gegevens mogelijk naar buiten zijn gekomen bij een datalek. Het is nog niet duidelijk van hoeveel klanten data mogelijk op straat liggen.  ( 2 min )
    Meer meisjes kiezen voor een technische vmbo-opleiding
    Steeds meer meisjes kiezen voor een opleiding in de techniek. Dit schooljaar zijn ruim 20 procent meer meisjes een technische vmbo-opleiding gaan volgen dan een jaar eerder.  ( 3 min )
    Nederlandse topman Ralph Hamers vertrekt bij Zwitserse bank UBS
    Ralph Hamers, de Nederlandse topman van de Zwitserse bank UBS, legt zijn functie volgende week woensdag neer. Dat doet hij nadat UBS de geplaagde branchegenoot Credit Suisse heeft overgenomen.  ( 4 min )
    Adidas trekt bezwaar tegen logo Black Lives Matter-beweging al na twee dagen in
    Adidas trekt zo snel mogelijk een bezwaar tegen een nieuw beeldmerk voor de Black Lives Matter-beweging in. Dat meldt het bedrijf maar een paar dagen nadat het zijn bezwaar kenbaar had gemaakt.  ( 4 min )
    Adidas trekt bezwaar tegen logo Black Lives Matter-beweging na twee dagen al in
    Adidas trekt zo snel mogelijk een bezwaar tegen een nieuw beeldmerk voor de Black Lives Matter-beweging in. Dat meldt het bedrijf maar een paar dagen nadat het zijn bezwaar kenbaar had gemaakt.  ( 3 min )
    Onderhoud op Schiphol loopt uit: baan niet klaar in meivakantie
    Door het slechte weer van de afgelopen tijd loopt onderhoud aan een van de start- en landingsbanen op luchthaven Schiphol een paar weken uit. Het lukt niet de baan op te leveren voor de meivakantie. Als het weer dan opnieuw niet meezit, kan dit beperkte invloed hebben op de vluchtschema's.  ( 3 min )
    Voorjaarsschoonmaak is een dure aangelegenheid geworden
    Wie de voorraadkast met schoonmaakmiddelen wil vullen om het huis grondig in het sop te zetten, moet diep in de buidel tasten. Schuurmiddelen, poetsmiddelen en sponzen zijn nu ruim 25 procent duurder dan een jaar geleden.  ( 3 min )
    Topman Ralph Hamers vertrekt bij Zwitserse bank UBS
    Ralph Hamers, de Nederlandse topman van de Zwitserse bank UBS, legt zijn functie volgende week woensdag neer. Dat doet hij nadat UBS de geplaagde branchegenoot Credit Suisse heeft overgenomen.  ( 3 min )
    Elke 60 kilometer een laadpunt moet eind maken aan angst voor lege accu
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    Een sticker hier, een zeeppomp daar: coronamaatregelen blijven plakken
    De laatste coronaregels zijn begin deze maand komen te vervallen. Daarmee kwam een eind aan isolatie na testen en komen er geen nieuwe vaccinatierondes meer. Toch lijken een aantal maatregelen die drie jaar geleden hun intrede deden blijvertjes, blijkt uit een rondgang van NU.nl.  ( 5 min )
    Kamer wil dat meest vervuilende bedrijven zelf opdraaien voor verduurzaming
    Bedrijven die relatief veel broeikasgassen uitstoten, moeten zelf meer investeren in verduurzaming. Het kabinet moet ze niet met extra subsidies helpen om hun achterstand op concurrenten in te halen, vinden zowel coalitie- als oppositiepartijen in de Tweede Kamer. Dat blijkt uit een rondgang van NU.nl.  ( 6 min )
  • Open

    Markets Drop on Renewed Concerns About Rate Hikes
    Major U.S. equities indexes dropped on March 28, 2023, with rising confidence in the banking sector reviving interest rate concerns.  ( 1 min )
    5 Things to Know Before Markets Open
    Banking regulators will face tough questions from Congress today while the U.S. brings a case against the world’s largest cryptocurrency exchange. Here’s what investors need to know today.  ( 1 min )
  • Open

    Shares of Walgreens Boots Alliance Rise on Earnings Beat
    Walgreens Boots Alliance (WBA) is the best-performing stock in the Dow as the largest U.S. pharmacy chain posted better-than-expected quarterly results, even as demand for COVID-19-related products declined.  ( 1 min )

  • Open

    Mohamed El-Erian Calls Out ‘Trilemma’ of Problems Facing the Market; Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
    The markets have been pounded lately by a series of economic shocks, most recently the bank crisis sparked earlier this month by the failure of Silicon Valley Bank. That spread quick fears of contagion, as the crypto-heavy Signature and Silvergate banks also failed – and then the international heavyweight Credit Suisse showed signs of cracking. Economist Mohamed El-Erian warns that we are facing multiple problems simultaneously, and the outlook is grim. “It’s not just a dilemma of inflation vers  ( 51 min )
    Micron Sales Forecast Spurs Hope That Worst of Slump Is Over
    (Bloomberg) -- Micron Technology Inc., the largest US maker of memory chips, gave a better forecast for the current quarter than some analysts had feared, sparking hope that the worst of a brutal industry slump may be over. Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksMarkets Are Wrong on US Rate-Cut Bets, Bla  ( 48 min )
    Why Bank Failures Haven’t Crashed the Stock Market
    A credit freeze is less threatening now than in 2008, says Goldman Sachs. Here are four reasons.  ( 23 min )
    The Price of Oil Has Tumbled. Its Next Move Is Key.
    If the price breaks below the low $70 range, it could open the door to more losses.  ( 25 min )
    Alibaba Is Laying the Ground for a Breakup. Amazon and Alphabet Should Consider Doing the Same.
    The Chinese tech company announced it will break itself into six pieces. The move gave Alibaba's shares a shot in the arm.  ( 23 min )
    Canada Targets Banks for Billions With Dividend Tax Change
    (Bloomberg) -- Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBanks in France Face More Than $1.1 Billion Fines After RaidsMarkets Are Wrong on US Rate-Cut Bets, BlackRock Says$52 Billion Chipmaking Plan Is Racing Toward FailureIn a measure that  ( 49 min )
    EV Startup Lucid Slashes 18% of Workforce, Cuts Include Executives
    The maker of high-end electric cars plans to lay off about 1,300 employees.  ( 25 min )
    Fisher Investments Moves to Texas Over Taxes
    The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax.  ( 23 min )
    Dow Jones Dips As Alibaba Flies; 3 New Cathie Wood Buys Trade Mixed; Micron Earnings Miss
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    Micron Sales Plunge 53%. It Is Cutting More Staff. Better Days Lie Ahead.
    Micron is seeing pressure on its business from high customer inventory and weak PC demand. But things improve from here.  ( 23 min )
    Paramount stock jumps on Bank of America upgrade citing 'significant buyer interest'
    Paramount has long been rumored as a potential acquisition target due to its small size relative to competitors.  ( 47 min )
    Micron Misses Quarterly Targets Amid Memory-Chip Sales Downturn
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    SVB Failure Due To Mismanagement, Regulators Say; First Republic No Longer For Sale
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    Top Tech Stocks for April 2023
    As inflation and interest rate concerns weigh on tech companies, these stocks lead the sector in value, growth, and momentum.  ( 17 min )
    Buy the Dip in Nvidia Stock? Let's Check the Chart First
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    A famous market watcher who called the subprime mortgage crisis is warning that stocks are about to crash: ‘It’s the highest probability since COVID’
    Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.  ( 47 min )
    Medical Properties Trust REIT Loses More Than 50% Of Its Value In 9 Months
    A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping. The REIT is suffering, along with many others in the sector, from investors dumping shares as the banking crisis remains front-page news and the Federal Reserve keeps raising interest rates. Lower expectations for a pivot – where rates begin to go  ( 48 min )
    Top Dividend Stock: Western Midstream's Already Sizzling 7.9% Yield Set To Jump
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    Apple Launches ‘Pay Later’ Service. Affirm Shares Swoon.
    Apple finally launches its long-expected move into the “buy now, pay later” purchase financing market. Affirm shares sell off in response.  ( 23 min )
    How Bad Is the Binance Suit?
    Binance, the largest global crypto exchange by trading volume, and Chief Executive Changpeng Zhao were reportedly taken off guard by the U.S. Commodities and Futures Trading Commission’s (CFTC) decision to file a civil lawsuit against the company on Monday. The firm, which has for years avoided establishing a permanent headquarters, had been in dialogue with U.S. and other regulators about operating compliantly in the hundred-plus jurisdictions it services. Just last month, Binance Chief Strategy Officer Patrick Hillman told the Wall Street Journal that the exchange had closed “gaps” that formed in its compliance strategy as a result of the exchange’s rapid expansion.  ( 48 min )
    Alibaba Options Pop After Company Announces Split
    Alibaba will split into six businesses  ( 46 min )
    Viking Therapeutics Steps Into The Obesity Ring — And Catapults 63%
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    Let's Dig Into First Republic Bank
    Despite talk of a possible failure, the bank has remained open.  ( 9 min )
    Google, Meta, Salesforce, and more get tough on employee evaluations. Here’s how they’re overhauling performance reviews
    Google, Amazon, and Salesforce are among the employers toughening performance reviews to weed out underperformers.  ( 49 min )
    Micron Could Report Largest Ever Loss in Q2
    Micron reports Q2 FY 2023 results on March 28. Analysts expect the widest-ever net losses and revenue less than half what it was a year earlier.  ( 11 min )
    AT&T Flashes Improved Technical Strength; Mimicking Previous Breakout?
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    Alibaba Stock Soars As It Launches Massive Reorganization, Splits Into Six Units
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    Lyft’s New Boss Quickly Loses His Signing Bonus
    Relief over the founders’ exit gives way to worries about the new CEO and Lyft’s dwindling share.  ( 25 min )
    The best ways to invest your cash right now as interest rates keep climbing
    High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.  ( 49 min )
    El Salvador's Bitcoin Boom: How the World's First Crypto Nation's Big Bet Is Stabilizing Its Economy, Proving Critics Wrong, and Paying Back Its Debt
    When El Salvador President Nayib Bukele made the controversial decision to make Bitcoin legal tender in his country, many people were skeptical and concerned about the potential risks. Bukele announced on Twitter that the country would purchase one Bitcoin (CRYPTO: BTC) each day starting Nov. 18, 2022. How is that going in 2023? The latest news out of El Salvador suggests that the government's bet on cryptocurrency is paying off. According to Treasury Minister Alejandro Zelaya, the government ha  ( 49 min )
    Options Traders Make Record Bets on $3 Billion Regional-Bank ETF
    (Bloomberg) -- A $3 billion exchange-traded fund tracking regional banks has become the battleground for traders placing their wagers on the outlook for the industry following the recent financial turmoil.Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksMarkets Are Wrong on US Rate-Cut Bets, BlackRock SaysOptions  ( 48 min )
    Tech Leads Stock Market Lower; Warren Buffett Books $300 Million Overnight Profit; BABA CEO Sextuplets
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    Cathie Wood Calls Out the Nasdaq
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    2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon
    Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t  ( 49 min )
    Russia’s Economy Is Starting to Come Undone
    Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’  ( 23 min )
    California lawmakers pass country's first penalty for gas price gouging
    Just a week after the legislation was introduced, California lawmakers passed the country's first penalty for price gouging at the pump. Gov. Gavin Newsom is expected to sign the bill.  ( 47 min )
    The pros and cons of a CD: how to know if a certificate of deposit is the right investment for you
    A CD is a type of savings account that helps those who want a relatively risk-free way to grow their funds. But CDs also come with some downsides you should consider before investing in one.  ( 51 min )
    Dividend Stocks Are Key in a Volatile Market; Here's 10 From Morningstar
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    Intel's AI, Data Center Webinar on Wednesday: Here's What to Expect
    Chipmaker Intel set to host an artificial intelligence webinar on Wednesday.  ( 12 min )
    Home Prices Keep Softening. Where They Fell Most.
    Home prices in January saw the smallest gain since December 2019, according to S&P CoreLogic Case-Shiller.  ( 23 min )
    A Single Bet on Deutsche Bank’s Credit Default Swaps Is Seen Behind Friday’s Rout
    (Bloomberg) -- Regulators are singling out a trade on Deutsche Bank AG’s credit default swaps that they suspect fueled a global selloff on Friday.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBanks in France Face More Than $1.1 Billion Fines After RaidsIt was a roughly €5 million ($5.4 million) bet on  ( 48 min )
    Alibaba Shares Soar After Historic Overhaul Heralds IPO Wave
    (Bloomberg) -- Alibaba Group Holding Ltd.’s US shares surged as much as 13% after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring that promises to yield several initial public offerings.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suiss  ( 48 min )
    Walgreens Stock Rises as Profit Tops Estimates. It’s Seeing Strong Core Growth.
    The pharmacy chain posted second-quarter adjusted earnings of $1.16 a share, topping analysts' expectations for $1.10.  ( 23 min )
    Credit Suisse’s Klein Loses the Deal of His Life as Plans for First Boston Collapse
    (Bloomberg) -- Not long ago, Michael Klein had a happy message for unhappy bankers at Credit Suisse Group AG: We’re going to get rich.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBanks in France Face More Than $1.1 Billion Fines After RaidsThings aren’t quite turning out that way.Klein – Midas of M&A,  ( 50 min )
    Not a single Adani company features among India's top corporate taxpayers
    Gautam Adani was once among the world’s richest people, before allegations of corporate fraud leveled by Hindenburg Research halved the value of his conglomerate. His companies pick up plum contracts in diverse sectors in India: mining, green energy, shipping, aviation, and power, among others.  ( 48 min )
    Tax Loopholes For 2023
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
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    Alibaba to Split Into Six Separate Groups in Biggest Shake-Up
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    Alibaba Splits Into Six, Plans New IPOs in Historic Overhaul
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    A bank crisis brings an old favorite back for traders: Morning Brief
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    To Some Investors, Banks Look Like Bargains
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    Adani Stocks Drop on Report of Talks to Extend Loans
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    Tech Stocks Are Really Expensive Again. They Might Not Be as Safe as They Look.
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    Markets Are Wrong on US Rate-Cut Bets, BlackRock Says
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    Lithium Giant Albemarle Spurned in $3.7 Billion Liontown Bid
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    What We Learned from China's Tech Earnings, From Alibaba to Tencent
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    Binance CEO CZ, Crypto’s Most Powerful Man, Has More Than ‘FUD’ to Worry Him Now
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    Berkshire Just Bought More Occidental Stock. Here’s How Much Buffett Owns Now.
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    The Only Oil Major Betting Big On Alaska
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    BlackRock, Fidelity Lose Out in $1 Trillion China Pension Market
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  • Open

    Apple Launches Apple Pay Later in the US
    Apple Inc. has announced the delayed launch of its Apple Pay Later scheme.  ( 12 min )
    CFA Level I Pass Rates Rise, But Fewer Make the Attempt
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    CDs vs. Mutual Funds
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    Time-Barred Debt: Definition, Legal Rules, Example
    Time-barred debt is money someone borrowed and didn't repay but which is no longer legally collectable because a certain number of years have passed.  ( 16 min )
    Markets Drop on Renewed Concerns About Rate Hikes
    Major U.S. equities indexes dropped on March 28, 2023, with rising confidence in the banking sector reviving interest rate concerns.  ( 10 min )
    What Is a Reasonable Amount of Debt? This Rule Can Help You Know
    Using the 28/36 rule can help you determine how much debt is reasonable in your situation. Here is how it works.  ( 17 min )
    Top Penny Stocks for Q2 2023
    Ardelyx, Snowline Gold, and Nordic American Tankers have soared as much as 291% in the past year while the large-cap Russell 1000 has fallen 14% and the small-cap Russell 2000 has lost 17%.  ( 18 min )
    What Is a Transferable Letter of Credit? Definition & Advantages
    A transferable letter of credit is one that grants a primary beneficiary the right to transfer some or all of the credit to a secondary beneficiary.  ( 17 min )
    2023 Personal Finance Calendar
    There are important financial dates and deadlines to track in 2023, and our personal finance calendar has them all in one place. Learn how to plan your financial year.  ( 25 min )
    U.S. Housing Prices Fell for Seventh Straight Month in January
    Sharpest declines are in tech hubs in the West, while the Southeast gains.  ( 11 min )
    What Is a Credit Agreement? Definition, How It Works, Example
    A credit agreement is a legally binding contract that documents the terms of a loan agreement between borrower and lender.  ( 17 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 13 min )
    Top CD Rates Today, March 28
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Personal Loan Rates & Trends, Week of March 27: Rates Sink
    Personal loan rates on average dropped more than three-quarters of a point this week, especially benefiting those with Fair credit.  ( 11 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 16 min )
    Top Tech Stocks for April 2023
    As inflation and interest rate concerns weigh on tech companies, these stocks lead the sector in value, growth, and momentum.  ( 17 min )
    Personal Loan Rates & Trends, Week of March 27: Rates Sink
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    Counterparty Risk: Definition, Types, and Examples
    Counterparty risk is the likelihood or probability that one of those involved in a transaction might default on its contractual obligation.  ( 17 min )
    Best Ways to Use Your 401(k) Without a Penalty
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    Chartered Retirement Plans Specialist (CRPS) Definition
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    Top Cannabis Stocks for April 2023
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    Alibaba Shares Jump on Plan to Split Into 6 Units
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    The S&P 500: The Index You Need to Know
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    The New York City Economy Tracker: February 27, 2023
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    Will Your Retirement Income Be Enough?
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    BlackRock Strategists Rule Out Fed Rate Cuts in 2023
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    Today's Mortgage Rates & Trends - March 28, 2023: Rates Rise
    Rates on 30-year mortgages abruptly changed direction Monday, jumping 22 basis points, breaking the recent trend that saw rates easing.  ( 12 min )
    Shares of Walgreens Boots Alliance Rise on Earnings Beat
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    Micron Could Report Largest Ever Loss in Q2
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    Attribution Bias: What Is It? Why Is It Important in Finance?
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    5 Ways to Avoid Present Bias in Investment Decisions
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    Dunning-Kruger Effect: Meaning and Examples in Finance
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    How To Buy a Car With No Credit
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    The Risks of Pareidolia in Stock Market Trading
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    What Happened at Credit Suisse and Why Did It Collapse?
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    Intel's AI, Data Center Webinar on Wednesday: Here's What to Expect
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    Credit Score Ranges: What Do They Mean?
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    5 Things to Know Before Markets Open
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    Closed-End Credit vs. an Open-End Line of Credit: What's the Difference?
    Understand the difference between closed-end credit and an open line of credit, as well as how individuals and businesses use each type.  ( 15 min )
    Forward Start Option
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  • Open

    Niet alle pensioenfondsen duidelijk over nadelige gevolgen pensioenverhoging
    Een aantal pensioenfondsen heeft vorig jaar onvolledige informatie gedeeld over de verhoging van de pensioenen. De fondsen hebben vooral de voordelen van de indexatie benadrukt, concludeert de Autoriteit Financiële Markten (AFM) na onderzoek. De nadelen werden minder duidelijk uitgelegd.  ( 3 min )
    Eneco moet groot aantal klanten met zonnepanelen compenseren
    Eneco moet klanten met zonnepanelen compenseren omdat zij sinds september een te lage terugleververgoeding kregen voor zonnestroom. Veel klanten werden daar pas deze week over geïnformeerd, terwijl zij al sinds september recht hadden op meer geld.  ( 4 min )
    NS waarschuwt 780.000 reizigers voor phishingmails na mogelijk datalek
    De NS roept 780.000 klanten via een e-mail op extra alert te zijn op phishingmails. De persoonsgegevens van deze reizigers zijn mogelijk op straat komen te liggen door een datalek.  ( 3 min )
    Spoor in Brabant woensdag weer open na oponthoud door dassen
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    Veel schadelijke stoffen rond Tata Steel: 'Maatregelen hebben nog geen effect'
    In de omgeving van Tata Steel blijven veel schadelijke stoffen neerdalen. De afgelopen jaren is geen sprake geweest van een duidelijke verbetering, meldt het RIVM dinsdag na herhaling van eerder onderzoek. Het gezondheidsinstituut roept op dit in de komende jaren te blijven onderzoeken, maar heeft die opdracht nog niet gekregen.  ( 6 min )
    Ook volgend jaar moeten we nog zuinig zijn met gas
    De EU-landen hebben afgesproken om ook komend jaar 15 procent minder gas te verbruiken. De noodmaatregel zou eind maart verlopen, maar de Europese energieministers hebben dat met een jaar opgeschoven.  ( 3 min )
    EU-noodmaatregel om 15 procent minder gas te verbruiken met jaar verlengd
    De EU-landen hebben afgesproken om ook komend jaar 15 procent minder gas te verbruiken. De noodmaatregel zou eind maart verlopen, maar de Europese energieministers hebben dat dinsdag met een jaar opgeschoven.  ( 3 min )
    Spoor tussen Eindhoven en Den Bosch woensdag weer open na oponthoud door dassen
    Het spoor tussen Eindhoven en Den Bosch gaat woensdagochtend definitief weer open. Het treinverkeer was er dagenlang gestremd door dassen die tunnels hadden gegraven. De treinen kunnen daardoor morgen weer rijden volgens de normale dienstregeling. Dat meldt ProRail dinsdag.  ( 3 min )
    NU+ | Gegevens uit je smartwatch zijn een goudmijn voor techbedrijven
    Met onze smartwatch en smarthome-apparatuur leveren we een schat aan informatie aan techbedrijven. Denk aan medische gegevens, zoals je hartslag, lichaamsbeweging en stressniveau. Die informatie kan hartstikke nuttig zijn voor onszelf, maar techbedrijven kunnen die data juist weer in jouw nadeel gebruiken. En daar zijn wij consumenten ons vaak niet genoeg van bewust.  ( 4 min )
    Elke 60 kilometer een laadpunt moet eind maken aan lege accu-angst
    In de Europese Unie moet een veel groter netwerk van oplaadpunten voor elektrische auto's komen. Dat hebben onderhandelaars van het Europees Parlement en de Europese Raad dinsdag besloten.  ( 3 min )
    Franse protesten en rellen om pensioenplannen: dit is er aan de hand
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    Belastingen volgens CPB geen wondermiddel om gedrag te sturen
    De overheid moet terughoudend zijn met pogingen om het gedrag van burgers en bedrijven te sturen via belastingen. Dat stelt het Centraal Planbureau (CPB). Volgens het CPB is die methode lang niet altijd effectief. Ook zou het belastingstelsel van al die maatregelen onnodig complex worden.  ( 3 min )
    Tata Steel vecht cameratoezicht op rookwolken aan bij rechter
    Tata Steel stapt naar de rechter om cameratoezicht op de staalfabriek te laten verbieden. De Omgevingsdienst Noordzeekanaalgebied heeft camera's opgehangen om schadelijke rookwolken te registreren. Maar volgens de staalproducent is de privacy van medewerkers nu in gevaar.  ( 3 min )
    EU-akkoord over laadpunten moet einde maken aan angst voor lege accu
    In de Europese Unie moet een veel groter netwerk van oplaadpunten voor elektrische auto's komen. Dat hebben onderhandelaars van het Europees Parlement en de Europese Raad dinsdag besloten.  ( 3 min )
    We boeken weer massaal vakanties, maar laten Turkije links liggen
    Nederlanders boekten in februari weer massaal vakanties. Ten opzichte van februari 2019 liep het aantal boekingen op met 18 procent. Vooral België en het Verenigd Koninkrijk zijn populair. Vakanties naar Turkije zijn minder in trek, in navolging op de grote aardbevingen daar.  ( 3 min )
    Aanbiedingsprijzen voor reizen volgens Consumentenbond vaak niet beschikbaar
    Denk je voor een zacht prijsje een vakantie te boeken, komen er nog honderden euro's bovenop. 'Misleiding met lokkertjes', noemt de Consumentenbond het. Volgens de organisatie zijn aanbiedingsprijzen voor reizen vaak niet beschikbaar.  ( 4 min )
    Utrecht en Zuid-Holland blinken uit als concurrerendste regio's van de EU
    De provincies Utrecht en Zuid-Holland zijn volgens de Regional Competitive Index de concurrerendste regio's van de Europese Unie. Dit komt door de goede baankansen en economische groei.  ( 3 min )
    Musk ontneemt niet-betalende twitteraars hun stemrecht op Twitter
    Twitteraars zonder betaald Blue-abonnement kunnen vanaf half april niet meer stemmen in polls. Ook verschijnen hun tweets niet meer in de For You-lijst.  ( 3 min )
    Vast energiecontract laat veelal nog op zich wachten
    Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 5 min )
    Vuile vrachtauto blijft favoriet boven goederentrein en boot
    Ruim drie kwart van de goederen in de Europese Unie wordt vervoerd over de weg: met vrachtwagens dus. Europese plannen om CO2 te besparen door meer goederen per boot of trein te laten vervoeren, hebben nog weinig effect. De vrachtwagen blijft snel en goedkoop, constateert de Europese Rekenkamer.  ( 3 min )
    Ziekenhuispersoneel krijgt er 15 procent bij, staking in april vervalt
    Algemene ziekenhuizen en vakbonden hebben een onderhandelingsresultaat bereikt over de arbeidsvoorwaarden van zo'n 200.000 werknemers. Na maandenlange onenigheid kwamen de onderhandelaars maandag in een overleg tot overeenstemming.  ( 3 min )
    Vuile vrachtauto blijft favoriet ten opzichte van goederentrein en boot
    Ruim drie kwart van de goederen in de Europese Unie wordt vervoerd over de weg, met vrachtwagens dus. Europese plannen om CO2 te besparen door goederenvervoer te verplaatsen naar boot of trein hebben nog weinig effect. De vrachtwagen blijft snel en goedkoop, constateert de Europese Rekenkamer.  ( 3 min )
    Meeste huishoudens moeten langer wachten op een vast energiecontract
    Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 5 min )
  • Open

    First Citizens Bank Acquires Large Portion of SVB, Shares Soar
    Shares of First Citizens BankShares (FCNCA) are skyrocketing after the regional bank purchased a large portion of collapsed Silicon Valley Bank.  ( 1 min )
    Global IPO Fundraising Slows, Weighed Down by Banking Sector Turmoil
    The turmoil in the U.S. banking sector has had a negative impact on the market for initial public offerings (IPOs). IPOs raised just $19.7 billion this year, down 70% from a year ago. Of that, just $3.2 billion has been raised through IPOs in the U.S.  ( 1 min )
    Bank Stocks Lift Dow, S&P 500
    U.S. equities finished mixed, with bank stocks jumping after First Citizens BancShares bought a large portion of the assets and deposits of collapsed Silicon Valley Bank, and on signs the turmoil in the sector caused by the failure of SVB and Signature Bank is easing.  ( 1 min )
    5 Things to Know Before Markets Open
    First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 1 min )
  • Open

    Carnival Guidance Sinks Shares
    Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 1 min )

  • Open

    California Lawmakers Pass Bill to Limit Oil Company Profits
    (Bloomberg) -- California will limit the amount of profit oil companies can earn in the state under legislation pushed by Governor Gavin Newsom to control soaring gasoline prices.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008The state Assembly on Monday passed a bill that allow  ( 47 min )
    Nikola’s CFO Steps Down in Startups’ Latest High-Level Exit
    (Bloomberg) -- Nikola Corp.’s chief financial officer is stepping down next month in a shake up of the zero-emission vehicle startup’s top ranks. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkKim Brady, who has been a source of stability amid managerial turmoil, will leave as finance chief at the Phoen  ( 46 min )
    Carnival Guidance Sinks Shares
    Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 10 min )
    Top CD Rates Today, March 27
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    The long-awaited crackdown on crypto’s Binance is here and it has chat messages about alleged criminal clients: ‘Like come on. They are here for crime’
    The complaint filed against Binance alleges the company's top executives knew of and "tolerated" criminal activities facilitated by the platform.  ( 49 min )
    Banks Fail, Recession Odds Jump, and S&P Won’t Budge Off 4,000
    (Bloomberg) -- For all the roadblocks facing US stocks, another force keeps cropping up to exert itself on the S&P 500: the power of a round number. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBe it a banking crisis or rising odds of a recession, nothing has stopped the S&P 500 from pushing toward th  ( 50 min )
    ‘The End of the Bear Market May Be in Sight,’ Says Morgan Stanley. Here Are 3 Stocks the Banking Giant Likes for Long-Term Growth
    This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou  ( 50 min )
    Cathie Wood Watch: Ark Sells Tesla for Second Straight Day
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    Gundlach Predicts a US Recession Will Start in a Few Months
    (Bloomberg) -- Doubleline Capital’s Jeffrey Gundlach said on CNBC that he expects a US recession will start in a few months, and that the Federal Reserve will need to respond “very dramatically.”Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks“The economic headwinds are building,  ( 47 min )
    Dow Jones Up In Mixed Close As These 3 Warren Buffett Stocks Eye Buy Points; Coinbase Dives As Bitcoin Falls
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    Charts: Three key readings to track financial market stress
    A bank crisis has pressured financial markets and made it hard for investors to know where to turn for signs of stability or worry. A few key readings on volatility, the bond market, and the currency market offer some guidance.  ( 49 min )
    Carnival Forecasts Another Loss This Year as Cruise Costs Rise
    Despite the mounting costs, Carnival said it isn’t seeing any signs that inflation and other financial pressures are weighing on the company’s customers.  ( 24 min )
    Jeff Bezos is Personally Investing Millions Into Startups in This 'Boring' Industry – Here's Why
    Where venture capitalists (VCs) and billionaires invest their money in the startup world can serve as a powerful indication of the next big sectors to emerge. While artificial intelligence (AI) and robotics often dominate the spotlight, Amazon.com Inc. founder Jeff Bezos has recently turned his attention towards the logistics industry. Logistics may be an unconventional focus by traditional VC standards, but Bezos's investment strategy is understandable given his experience. Having founded Amazo  ( 47 min )
    26 Burger King locations closing in Michigan; 400 workers to be laid off: See list of closures
    A Texas-based franchise owner of more than two dozen Burger King locations in metro Detroit is ceasing operations in Michigan.  ( 47 min )
    3 Unduly Punished High-Yield Bank Stocks to Buy
    These names offer investors sustainable dividend yields of 5%+ alongside attractive share price upside potential.  ( 18 min )
    Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
    (Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Stocks Rise as Banks Sigh in Relief; Bonds Retreat: Markets WrapThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate  ( 49 min )
    If You Invested $10K In American Tower 5 years Ago, Here's How Much You Would Be Making In Dividends Today
    Investors searching for solid dividend stocks often look at a company’s dividend growth history as a guide to what to expect in the future. A company with a solid dividend growth history proves its ability to generate consistent earnings and gives an investor confidence that the dividend yield could continue to increase over time. When it comes to real estate investment trusts (REITs), many of the better ones will raise dividends perhaps once or twice per year. But consider one REIT that has dem  ( 48 min )
    Do Earnings from a Roth IRA Count Toward Income?
    Withdrawals of earnings from a Roth IRA don’t count as income, but only if you follow the IRS rules.  ( 17 min )
    Apple Snaps AI Startup WaveOne Specializing In Compressing Videos
    Apple Inc (NASDAQ: AAPL) has quietly snapped U.S. startup WaveOne, which was developing AI algorithms for compressing video. WaveOne shut down its website around January, and several former employees, including one of WaveOne's co-founders, joined Apple's various machine learning groups, TechCrunch reports. The financial terms of the deal remain undisclosed. Also Read: Apple, In A Cinema Near You Soon: Streaming Rivalry Heats Up As Apple To Splurge On Original Theatrical Releases WaveOne's forme  ( 47 min )
    ‘There is no alternative’ has been the order of the day for investors since 2008. Not anymore, Goldman Sachs says
    Investors are going to sell $750 billion worth of stock this year. Welcome to “TARA” world.  ( 49 min )
    New retirement age or higher taxes? The Social Security reform debate could go a few ways.
    U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.  ( 50 min )
    $14 Billion In Oil And Gas Deal Signed This Week, And It’s Only Monday
    Oil and gas M&A is showing signs of recovery with more than $14 billion in deals at the beginning of this week  ( 47 min )
    A recession in 2023 is now inevitable. Layoffs in tech and finance will spread to other sectors
    Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.  ( 50 min )
    GE Has Surged and Still Holds a Key Breakout Level. Here's the Trade.
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    Elon Musk Warns the Next Financial Crisis Is Already Looming
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    Social Security Taxes Can Hit You Hard in Retirement. Here's How to Lower Them
    Retirement account withdrawals not only help you cover basic living expenses, but they also can fund the lifestyle you've always envisioned in your golden years. That money, however, can have unintended tax consequences. Required minimum distributions (RMDs) and other withdrawals … Continue reading → The post Social Security Taxes Can Hit You Hard in Retirement. Here's How to Lower Them appeared first on SmartAsset Blog.  ( 49 min )
    Dow Jones Leaders Cisco, Microsoft Are In Or Near Buy Zones; PagerDuty Eyes New Buy Point
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    Carnival’s Ship Will Come In Eventually
    The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability.  ( 25 min )
    Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns 'challenges ahead'
    Disney's push to cut costs will see 7,000 people leave the company this year, a process CEO Bob Iger said will begin this week and result in "challenges ahead" for the media giant.  ( 47 min )
    Look: The Brutal Layoff Email Disney CEO Bob Iger Sent Employees Today
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    We're Scooping Up Shares of 2 Stocks, Downgrading and Upgrading 2 Others
    Our modest buying now takes advantage of different situations.  ( 8 min )
    What's Going On With Carnival Shares Today
    Carnival Corp (NYSE: CCL) shares are edging down 0.6% following its Q1 results. CCL reported first-quarter FY23 sales of $4.43 billion, beating the consensus of $4.33 billion. Revenue grew 95% from 2019 levels and jumped 173% from $1.6 billion in the prior year. Passenger Cruise Day (PCD) increased 180.5% Y/Y to 20.2 million. Occupancy for Q1 was 91%. Available lower berth days (ALBD) for Q1 were 22.1 million. Total customer deposits as of February 28, 2023, totaled $5.7 billion. Selling and adm  ( 46 min )
    ‘This is ruining electric cars’: A top YouTube tech reviewer called out one of the biggest drawbacks of EVs in a viral video — here's the major issue and 3 companies looking to solve it
    Read this before you trade in your gas guzzler.  ( 49 min )
    Fisker Stock May Be Set to Take Off. Buy It Now, Citi Says
    Monday, Citi analyst Itay Michaeli opened a "90-day upside catalyst watch" for Fisker stock. He believes that if Fisker hits its milestones the narrative on the stock will change for the better.  ( 23 min )
    Energy Transfer Bolsters Permian Basin Footprint Via $1.45B Lotus Midstream Deal
    Energy Transfer LP (NYSE: ET) has agreed to acquire Lotus Midstream Operations, LLC from an affiliate of EnCap Flatrock Midstream (EFM) for ~$1.45 billion. The consideration consists of $900 million in cash and ~44.5 million newly issued Energy Transfer common units. Lotus Midstream owns and operates Centurion Pipeline Company LLC, an integrated, crude midstream platform in the Permian Basin. The acquisition also includes a 5% equity interest in the Wink to Webster Pipeline, a 650-mile pipeline  ( 47 min )
    Micron Is a Buy, Despite a Few Rocky Months Ahead: Analyst
    Srini Pajjuri, of Raymond James, expects a tough coming earnings quarter for the chip maker but then sees a nice rebound.  ( 23 min )
    Why First Citizens got a $16.5 billion discount for taking over Silicon Valley Bank
    To get a deal done, government regulators agreed to a series of concessions.  ( 48 min )
    Biden's New Budget Proposes a $4.7 Trillion Increase in Taxes
    President Biden's Fiscal Year 2024 Budget has proposed a series of major tax increases, totaling nearly $4.7 trillion, aimed at businesses and high-income individuals. These proposals include higher marginal tax rates on corporate, individual, and capital gains income; a new minimum tax on high-net-worth individuals; and increases to Medicare taxes. Several tax credits would also be expanded or created, offsetting the gross taxes by about $900 billion and resulting in a net tax increase of $3.8  ( 48 min )
    Altria’s CEO Explains Why the Dividend Is Big and Getting Bigger
    The maker of Marlboro cigarettes is spending big on smoke-free products, but is committed to its payout.  ( 23 min )
    Two Bank Stocks for Bulls After the Panic, According to Citi
    Analyst Keith Horowitz upgraded both KeyCorp and M&T Bank to Buy from Neutral, as the banking sector tries to come back from a rough couple of weeks.  ( 23 min )
    SVB Has a New Owner. First Republic and Other Regional Bank Stocks Rally.
    Regional bank stocks like First Republic were rising after First Citizens agreed to buy large parts of the collapsed bank.  ( 24 min )
    Dow Jones Rises; Elon Musk's Twitter Source Code Leaks Online, Cancer Drug Stock Jumps On Breakthrough
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    Elon Musk Sends a Message to Warren Buffett
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    Ford Sets a High Bar on EV Costs. It Leaves Rivian Wanting.
    Ford plans to cut roughly $20,000 from the cost of making an EV in the coming few years to hit its profitability goals. Rivian will have to do much better than that.  ( 23 min )
    Tesla’s Delivery Data Are Coming Soon. This Number Could Lift the Stock.
    Barclays analyst Dan Levy believes the EV maker will deliver more cars than Wall Street expects for the first quarter.  ( 23 min )
    MicroStrategy Pays Off Bitcoin-Backed Loan From Silvergate
    (Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayStocks Pare Gains on Tech Weakness;  ( 45 min )
    Should I charge my adult kid rent to live at home? Here are the pros and cons of forcing your grown child to pay up — or else move out
    Living at home gives them a chance to save up and live cheaply. But should they do it at your expense?  ( 48 min )
    Why Novartis Shares Are Trading Higher Premarket Today
    Novartis AG (NYSE: NVS) shares are trading higher in the premarket session after its breast cancer drug showed clinical benefit in early-stage breast cancer. Novartis announced topline results from an interim analysis of the NATALEE Phase 3 trial evaluating Kisqali (ribociclib) plus endocrine therapy (ET) in a broad population of patients with hormone receptor-positive/human epidermal growth factor receptor 2-negative (HR+/HER2-) early breast cancer at risk of recurrence. The Independent Data Mo  ( 46 min )
    Arma Services Inc. Joins Forces with SURECO & Partners to Unleash New Sustainable and Technologies in Latin America and the Caribbean
    McapMediaWire -- Arma Services Inc. (OTC: ARMV) a leading innovator in the carbon offset market, is thrilled to announce an exclusive partnership with SURECO & Partners to release new technologies ...  ( 49 min )
    Vonovia/German property: stately pile of debt needs underpinning
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Tesla Deliveries Expected To Set Record But Analysts Predict 2023 Earnings Shrinking
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    AI Stocks To Watch As Big Tech Improves Products With Artificial Intelligence
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    Bank Stocks Rally: First Citizens Buys Silicon Valley Bank; Officials Weigh More Support
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    Is Google A Buy Amid Banking Crisis, Artificial Intelligence Battle?
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    We're Upgrading and Building Upon a Position
    Our perceptions of an improving outlook for the banking sector motivate these actions.  ( 5 min )
    MicroStrategy buys 6,555 Bitcoin worth US$150 mln
    MicroStrategy acquired 6,555 Bitcoin for around US$150 million, at an average price of US$23,238 per coin, between Feb. 16 and March 23  ( 45 min )
    BioNTech Stock Crumbles After 2023 Outlook Misses By Almost $3 Billion
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    5 Things to Know Before Markets Open
    First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 13 min )
    How Long Will $600,000 Last in Retirement?
    One of the biggest worries associated with retirement planning is making sure you have enough money tucked away. While some people might aim to save $1 million or even $2 million for the future, your goal might be to save … Continue reading → The post How Long Will $600,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 50 min )
    How Much Money Can I Gift Without Owing Taxes?
    For 2023, the annual gift tax exemption is $17,000, up from $16,000 in 2022. This means you can give up to $17,000 to as many people as you want in 2023 without any of it being subject to the federal … Continue reading → The post Gift Tax Limits: How Much Can You Gift? appeared first on SmartAsset Blog.  ( 51 min )
    Can I Retire at 60 With $300,000?
    The short answer to this question is, “Yes, provided you are prepared to accept a modest standard of living.” To get an an idea of what a 60-year-old individual with a $300,000 nest egg faces, our list of factors to check includes … Continue reading → The post Can I Retire at 60 With $300,000? appeared first on SmartAsset Blog.  ( 52 min )
    EUR/USD Forecast – Euro Finds Buyers On The Dip
    The Euro initially fell during the trading session on Monday but did find a handful of buyers underneath to turn things around slightly.  ( 46 min )
    Fallen 'Crypto King' Who Owes Millions to Investors Was Kidnapped and Tortured
    Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.  ( 46 min )
    What to Know About First Citizens and Why It’s Buying Parts of Silicon Valley Bank
    North Carolina-based First Citizens is getting a $16.5 billion discount on the assets it's buying.  ( 23 min )
    Caterpillar Stock Could Get Hit by the Banking Panic. Why One Analyst Says Sell.
    Monday, Baird analyst Mig Dobre downgraded shares of Caterpillar and United Rentals to Sell from Hold.  ( 24 min )
    BioNTech Stock Is Falling. Blame the Covid Vaccine Outlook.
    The German biotech that partnered with Pfizer to develop a Covid-19 vaccine expects fewer vaccinations and lowered levels of boosting this year.  ( 23 min )
    MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin
    The company in March 2022 had borrowed $205 million from Silvergate Bank.  ( 45 min )
    Better Hurry to Buy That Tesla. The $7,500 EV Tax Credit Could Be Going Away Soon.
    The IRS is due to refine rules for which electric vehicles qualify for what tax credits. The update could result in buyers getting less of a benefit. There are still a few days left to get a higher amount, though.  ( 23 min )
    Crocs, United Airlines, and 18 Other Stocks for the Next Bull Market
    It’s a good bet that stocks with the greatest sensitivity to liquidity will be outstanding performers during the next bull market.  ( 23 min )
    Stock market news today: Stock futures, bank stocks rise ahead of open
    U.S. stock futures move higher ahead of the open on Monday, along with bank stocks after North Carolina-based First Citizens bank agrees to buy Silicon Valley Bank.  ( 48 min )
    First Citizens Bank Stock Jumps 40% After Buying Parts of SVB
    First Citizens will assume ownership of branches, deposits and loans as of Monday morning.  ( 23 min )
    Dow Jones Futures Rise 200 Points On Silicon Valley Bank Purchase; First Republic Soars 25%
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    Short Sellers Are Betting Serious Money 11 Stocks Will Crash Soon
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    'You are so denied': Suze Orman warns these 5 financial blunders will set you back in a big way — here's what you should do instead
    This money management maven doesn't mince words when it comes to financial faux-pas.  ( 50 min )
    Bank Crisis Latest: First Citizens Buys Silicon Valley Bank From FDIC: Bank Stocks Gain
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    Alibaba founder Jack Ma returns to China after a year of uncertainty
    Jack Ma's whereabouts are making headlines again, roughly a year after the billionaire founder of Alibaba disappeared from the public eye. Ma had chosen to stay abroad despite China's efforts to restore confidence in entrepreneurs, Bloomberg reported, citing unnamed sources. Within hours, however, it seems Ma actually visited an Alibaba-funded K-12 school in Hangzhou, according to an article published by the school, Yungu.  ( 47 min )
    Dow Jones Futures Rise, Banks Jump As First Citizens Buys Silicon Valley Bank
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    Deutsche Bank Bounces as Analysts Reassure on Financial Health
    (Bloomberg) -- Deutsche Bank AG shares rebounded and the cost of insuring its debt against default eased on Monday after sell-side analysts sought to reassure that the German lender’s financial health was sound.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFlorida Bill Would Make Puberty Even More AwkwardShares of Germany’s largest  ( 47 min )
    Banking Crisis Raises Concerns About Hidden Leverage in the System
    (Bloomberg) -- As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFlorida Bill Would Make Puberty Even More AwkwardMore than a dozen  ( 51 min )
    Apple CEO Meets China Commerce Chief to Talk Supply Chain
    (Bloomberg) -- Apple Inc. Chief Executive Officer Tim Cook met China’s Minister of Commerce Wang Wentao on Monday, underscoring the importance of the relationship between the leading US consumer tech company and its key partner despite heightened tensions between Washington and Beijing.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayF  ( 48 min )
    Stocks Higher, First Citizens Purchase, Inflation Data Focus, Bank Deposits Flee, Israel Protests - Five Things To Know
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    Super rich New Yorkers — including billionaire Carl Icahn — are fleeing the Big Apple in droves. Here are the top 3 states they're quickly escaping to
    These snowbirds are heading south for the winter. And staying put.  ( 49 min )
    These Stocks Are Moving the Most Today: First Citizens, First Republic, Novartis, Salesforce, Carnival, and More
    First Citizens Bancshares agrees to acquire large parts of failed Silicon Valley Bank, lifting shares of other regional lenders such as First Republic Bank. Carnival and BioNTech are scheduled to report earnings Monday.  ( 23 min )
    The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
    U.S. Steel and Cleveland-Cliffs are jockeying with foreign rivals to supply the crucial material for EV motors  ( 26 min )
    Xiaomi, Baidu lead Hong Kong stock losses amid doubts about China's recovery while Alibaba surrenders gain on founder news
    Hong Kong stocks fell, following a two-week advance, amid concerns about the strength of China's economic recovery as corporate earnings reports from some of the nation's biggest companies trailed estimates. The Hang Seng Index dropped 1.8 per cent to 19,567.69 at the close of Monday trading. The Tech Index slipped 2.8 per cent while the Shanghai Composite Index slid 0.4 per cent. Xiaomi sank 4 per cent to HK$11.94 and Meituan tumbled 6.3 per cent to HK$131.40 while NetEase retreated 2.4 per cen  ( 48 min )
    Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups
    As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regional banks.  ( 26 min )
    Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses
    The cloud providers are using the tech behind ChatGPT to heat up demand for their services.  ( 26 min )
    Saudi Chairman of Credit Suisse’s Largest Investor Resigns
    Ammar al-Khudairy stepped down less than two weeks after his comments set off a panic with the European lender’s shareholders, prompting the Swiss government to engineer an emergency takeover by UBS.  ( 26 min )
    Morgan Stanley Strategist Says Earnings Are Next Risk to Equities
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most prominent bearish voices on US stocks — says turmoil in the banking sector has left earnings guidance looking too high, putting sanguine stock markets at risk of sharp declines.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That De  ( 48 min )
    First Citizens Buys Up Large Parts of Silicon Valley Bank After Collapse
    First Citizens will assume ownership of branches, deposits and loans as of Monday morning.  ( 23 min )
    Alibaba Co-Founder Jack Ma Returns to China After a Year Away
    The billionaire’s trip home after a year away comes as Beijing winds down a tech crackdown that hit entrepreneurs’ confidence.  ( 24 min )
    Saudi National Bank Chair Resigns After Credit Suisse Remark
    (Bloomberg) -- Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusFirst Citizens Buys Silicon Valley Bank After Run on LenderAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped spark a slump in the Swiss lender’s shares. Al Khudairy, who became chairman of Saudi National Bank in 20  ( 48 min )
    FDIC: First Citizens Bank to acquire Silicon Valley Bank
    North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. The sale involves the sale of all deposits and loans of SVB to First-Citizens Bank and Trust Co., the FDIC said in a statement late Sunday. Customers of SVB automatically will become customers of First Citizens, which is headquartered in Raleigh.  ( 48 min )
    Gold Near Record in India Means Buyers Are Seen Staying Away
    (Bloomberg) -- A rally in gold prices to an all-time high in India is deterring local buyers in the runup to what is normally a key demand period next month, according to the World Gold Council.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That Defy Fed ViewGold futures in the second-biggest c  ( 47 min )
    First Citizens Acquires Much of Failed Silicon Valley Bank
    First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.  ( 24 min )
    First Citizens to Buy Silicon Valley Bank: Bloomberg
    Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.  ( 46 min )
    First Citizens Buys Silicon Valley Bank After Run on Lender
    (Bloomberg) -- First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusGreenland Solves the Daylight Saving Time DebateThe Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SV  ( 49 min )
    Crocs, United Airlines, and 18 Other Stocks for the Next Bull Market
    It’s a good bet that stocks with the greatest sensitivity to liquidity will be outstanding performers during the next bull market.  ( 23 min )
    China’s Economic Recovery Faces Risks From Global Trade Slump
    (Bloomberg) -- China’s economic recovery was mixed in March with business confidence and the housing market improving but the global outlook darkening amid heightened financial market turmoil.Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusFirst Citizens Buys Silicon Valley Bank After Run on LenderBloomberg’s latest aggregate index of eight early indicato  ( 49 min )
    Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise
    Bitcoin and the other top 10 non-stablecoin cryptocurrencies rose on Monday morning in Asia, as investors diversify amid the ongoing banking turmoil.  ( 48 min )
    ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day
    Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report.  ( 46 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    These Are The Best Robinhood Stocks To Buy Or Watch Now
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    4 Big Reasons Your Expenses Could Rise in Retirement
    Expenses don't always decline in retirement for four prime reasons, but the good news is that there are ways to save money on each.  ( 18 min )
    This Stock Market’s Floor Could Still Fall Out
    Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.  ( 23 min )
    First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
    ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.  ( 50 min )
    First Citizens reportedly nearing deal to acquire Silicon Valley Bank
    First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.  ( 48 min )
    Elon Musk Dares What No One Else Would
    No content preview
    US Equity Futures Advance, Asia Stocks Edge Higher: Markets Wrap
    (Bloomberg) -- US share futures climbed and Asian equities crept higher in cautious trading as investors weighed the risk of recession and its impact on interest rates. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeContracts for the S&P 500 and th  ( 48 min )
    China Central Government Is Borrowing at Fastest Pace on Record
    (Bloomberg) -- China’s central government is borrowing at the fastest pace on record to finance more spending and to ease the debt burden in provinces.Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewFirst Citizens Said to Near Deal for Silicon Valley BankPutin Ups the Ante With Nukes in BelarusGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeThe amount of sovereign bonds sold this quarter, exclud  ( 48 min )
  • Open

    Carnival Guidance Sinks Shares
    Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 11 min )
    Top CD Rates Today, March 27
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Bank Stocks Lift Dow, S&P 500
    U.S. equities finished mixed, with bank stocks jumping after First Citizens BancShares bought a large portion of the assets and deposits of collapsed Silicon Valley Bank, and on signs the turmoil in the sector caused by the failure of SVB and Signature Bank is easing.  ( 11 min )
    The Tax Benefits of Having a Spouse
    Being married offers many tax benefits, including those for spouses who provide family support while their counterpart works at an income-producing job.  ( 18 min )
    Top Stocks for April 2023
    The top stocks in the Russell 1000 are Sinclair Broadcast Group for best value, Gevo for fastest growth, and Enlight Renewable Energy for most momentum.  ( 21 min )
    Elon Musk Expects About $20 Billion Loss on Twitter Investment
    Elon Musk has said Twitter can be profitable by the second quarter, as the billionaire continues to make sweeping changes to the company he bought last year for $44 billion.  ( 14 min )
    How to Buy Alternative Investments
    If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 19 min )
    CD Ladder Definition
    A CD ladder is a strategy in which an investor divides a sum of money into equal amounts and invests them in certificates of deposit (CDs) with different maturity dates.  ( 20 min )
    Lawmakers to Grill Regulators on Silicon Valley Bank Collapse
    On Tuesday, Michael Barr will testify to law makers about the Federal Reserve's findings so far in their investigation of Silicon Valley Bank's failure.  ( 12 min )
    Do Earnings from a Roth IRA Count Toward Income?
    Withdrawals of earnings from a Roth IRA don’t count as income, but only if you follow the IRS rules.  ( 17 min )
    What Baby Boomers Need to Know About Roth IRAs
    Here are the pros and cons of Roth IRAs for baby boomers, including tax and inheritance considerations and how to convert a traditional IRA into a Roth.  ( 19 min )
    Systemically Important Financial Institution (SIFI) Overview
    A systemically important financial institution (SIFI) is a firm that regulators feel would pose a serious risk to the economy if it were to collapse.  ( 16 min )
    CFTC Sues Binance for “Willful Evasion of Federal Law; CEO Unfazed
    CEO Changpeng Zhao appears unfazed  ( 11 min )
    How to Find Cheap Car Insurance for 17-Year-Olds
    Teen drivers often pay the highest rates for car insurance, but there are ways to get cheaper coverage. Learn how to get affordable car insurance for 17-year-olds.  ( 15 min )
    Cryptocurrencies To Watch: Week of March 27
    This week’s cryptocurrencies to keep an eye on are XRP (XRP), Nexo (NEXO), Flare Network (FLR), XDC Network (XDC), and Litecoin (LTC).  ( 13 min )
    Emergency Banking Act of 1933: Definition, Purpose, Importance
    The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 18 min )
    How to Buy Shiba Inu (SHIB)
    Opening a crypto exchange account is an essential step in buying Shiba Inu (SHIB). Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )
    Banks Lean Harder on Fed’s Emergency Lending Program
    Federal Reserve Adds $94.5 billion in Assets to Balance Sheet  ( 13 min )
    How to Buy Dogecoin (DOGE)
    Opening a crypto exchange account is an essential step in buying Dogecoin (DOGE). Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )
    First Citizens Bank Acquires Large Portion of SVB, Shares Soar
    Shares of First Citizens BankShares (FCNCA) are skyrocketing after the regional bank purchased a large portion of collapsed Silicon Valley Bank.  ( 11 min )
    Decoding the Fed's Latest Decision for Clues to the Future
    Anastasia Amoroso, Chief Investment Strategist for iCapital, rejoins the show to help decode the Fed's latest decision on interest rates and the curious language in its statement. Plus, what she is looking for inside bank balance sheets to determine just how healthy, or sick, they actually are. And, despite the swirling fears around the banking sector, some of the riskiest assets are the best performers in the first quarter. Will that continue?  ( 14 min )
    How to File Your Child's First Income Tax Return
    Dependent children who earned more than $12,950 in tax year 2022 and $13,850 in 2023 must file a personal income tax return. Here are tips for kids who are first-time filers.  ( 23 min )
    Glass-Steagall Act of 1933: Definition, Effects, and Repeal
    The Glass-Steagall Act was established in 1933 and repealed in 1999. It was designed to separate commercial banking and investment banking.  ( 18 min )
    Today's Mortgage Rates & Trends - March 27, 2023: Rates Drop
    Rates on 30-year mortgages sank for a second day, dropping the average more than a third of a point to hit a six-week low.  ( 12 min )
    How to Buy SafeMoon Crypto
    Opening a crypto exchange account is an essential step in buying SafeMoon crypto. Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )
    Global IPO Fundraising Slows, Weighed Down by Banking Sector Turmoil
    The turmoil in the U.S. banking sector has had a negative impact on the market for initial public offerings (IPOs). IPOs raised just $19.7 billion this year, down 70% from a year ago. Of that, just $3.2 billion has been raised through IPOs in the U.S.  ( 10 min )
    5 Things to Know Before Markets Open
    First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 11 min )
    Portfolio Management: Definition, Types, and Strategies
    Portfolio management involves selecting and overseeing a group of investments that meet a client's long-term financial objectives and risk tolerance.  ( 22 min )
    Top Technical Analysis Tools: Software for Trading
    A vital part of a trader’s success is the ability to analyze trading data. Here are some of the top programs and applications for technical analysis.  ( 22 min )
    4 Big Reasons Your Expenses Could Rise in Retirement
    Expenses don't always decline in retirement for four prime reasons, but the good news is that there are ways to save money on each.  ( 18 min )
    1973 Energy Crisis
    The energy crisis of 1973 was one of two oil price shocks during the 1970s. The other was in 1979. Find out more about what caused it.  ( 19 min )
  • Open

    Overheid geeft volgens onderzoek te weinig aandacht aan welvaart in grensregio's
    De verschillen tussen regio's in ons land worden steeds groter en zijn op veel plekken zelfs "schrikbarend", schrijven onderzoekers. De overheid zet volgens hen te weinig in op de welvaart in het hele land.  ( 4 min )
    Grootste cryptobeurs Binance voor de rechter om jarenlang schenden van regels
    De Amerikaanse financiële toezichthouder CFTC spant een rechtszaak aan tegen 's werelds grootste handelsplatform voor cryptomunten Binance. Ook medeoprichter en topman Changpeng Zhao moet voor de rechter verschijnen. Volgens de CFTC heeft Binance jarenlang meerdere regels geschonden.  ( 3 min )
    Meeste mensen moeten langer wachten op een vast energiecontract
    Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 4 min )
    Ziekenhuizen en vakbonden sluiten cao-akkoord, geplande acties van de baan
    Algemene ziekenhuizen en vakbonden hebben een onderhandelingsresultaat bereikt over de arbeidsvoorwaarden van zo'n 200.000 werknemers. Na maandenlange onenigheid kwamen de onderhandelaars maandag in een overleg tot overeenstemming.  ( 3 min )
    Personeel streekvervoer staakt deze week toch niet, gesprekken gaan door
    Chauffeurs in het streekvervoer zullen deze week niet staken. Dat is de uitkomst van de gesprekken van de afgelopen dagen tussen vakbonden en werkgevers. Volgens vakbond FNV zijn er "goede stappen gemaakt". De gesprekken, die geleid worden door twee verkenners, gaan deze week door.  ( 3 min )
    Supermarkten zijn er klaar voor: vanaf vandaag krijg je ook statiegeld op blikjes
    Na jaren van discussie en uitstel zit er vanaf vandaag statiegeld op blikjes. Het beleid gaat officieel in op 1 april, maar volgens Statiegeld Nederland, de organisatie die het systeem uitvoert en beheert, zijn we er nu al klaar voor. "De machines zijn sinds vannacht ingelezen met alle artikelen. Overal en bij alle machines werkt het", zegt directeur Raymond Gianotten.  ( 4 min )
    Europees verbod op benzine- en dieselwagens kan vanaf 2035 ingevoerd worden
    De Europese Unie kan de verkoop van nieuwe benzine- en dieselauto's vanaf 2035 verbieden. De EU-landen, waaronder Duitsland, hebben daar maandag mee ingestemd.  ( 3 min )
    Delen van broncode Twitter gelekt op online platform GitHub
    Delen van de broncode van Twitter zijn gelekt op een online platform voor softwareontwikkelaars, schrijft The New York Times. Vrijdag liet het bedrijf van Elon Musk aan GitHub weten dat de code daar gepost was, waarna het platform de code direct verwijderde.  ( 4 min )
    Belastingdienst wil dat medewerkers TikTok van werktelefoon halen
    Ook de Belastingdienst heeft medewerkers gevraagd spionagegevoelige apps als TikTok van hun werktelefoon te verwijderen. De fiscus is bang dat TikTok gebruikt kan worden om mensen te bespioneren.  ( 3 min )
    Failliet modemerk Scotch & Soda maakt doorstart onder nieuwe eigenaar
    Kledingketen Scotch & Soda komt in handen van het Amerikaanse bedrijf Bluestar Alliance. Het Nederlandse deel van het modemerk ging vorige week op de fles, maar kan nu onder Amerikaanse vleugels een doorstart maken.  ( 3 min )
    First Citizens Bank koopt failliete Silicon Valley Bank
    De Amerikaanse First Citizens Bank neemt de failliete Silicon Valley Bank (SVB) over. De zeventien filialen van de omgevallen bank worden per direct First Citizens-kantoren.  ( 3 min )
    Intel-oprichter Gordon Moore (94) die wet van Moore bedacht overleden
    Medeoprichter Gordon Moore van chipmaker Intel is vrijdag op 94-jarige leeftijd overleden. De Amerikaan is vooral bekend om de wet van Moore, zijn voorspelling over de rekenkracht van computerchips.  ( 3 min )
    Werknemers eisen meer vrijheid en willen betere balans tussen werk en privé
    Nu de krapte op de arbeidsmarkt aanhoudt, zetten bedrijven alles op alles om de beste vakmensen aan te trekken. Een goed salaris, een werkgarantie of een extra bonus: het kan niet op. Maar toch willen werknemers méér. Ze eisen steeds vaker een goede balans tussen werk en privé.  ( 5 min )

  • Open

    Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program
    Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.  ( 47 min )
    First Citizens Said to Near Deal for Silicon Valley Bank
    (Bloomberg) -- First Citizens BancShares Inc. is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeFirst Citizens cou  ( 47 min )
    Banking Crisis Has Triggered Capital Flight From Oil To Gold
    Oil traders ran for the exit during the last major sell off in oil, and now the latest Commitment of Traders report has revealed where that oil money flowed to  ( 49 min )
    Stocks Poised for Higher Open
    The Bureau of Economic Analysis will release its fourth-quarter gross-domestic product estimate on Thursday, and its February household income and spending report on Friday.  ( 23 min )
    Billionaire Barry Sternlicht Is Heavily Invested in This 15%-Yielding Dividend Stock for Steady Income Growth
    Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a  ( 48 min )
    Elon Musk has watched Twitter plummet in value and OpenAI soar after he parted ways with it
    Twitter’s valuation has fallen to about $20B since Musk bought it for $44B. OpenAI has jumped to about $29B, up from $14B in 2021.  ( 47 min )
    Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week
    BioNTech, Carnival, Lululemon, McCormick, Micron, and Walgreens Boots Alliance report this week. Plus, banking regulator testimony, housing data, and consumer confidence.  ( 23 min )
    Dow Jones Futures: Quiet Bank Weekend For Market Rally; Microsoft, Tesla Near Buy Points
    No content preview
    Better Hurry to Buy that Tesla. Only a Few Days Left to Guarantee the $7,500 Credit.
    The IRS is due to refine rules for which electric vehicles qualify for what tax credits. The update could result in buyers getting less of a benefit. There are still a few days left to get a higher amount, though.  ( 23 min )
    Money market funds swell by over $286bn as investors pull deposits from banks
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    SVB hearing, consumer confidence, quarter end: What to know this week
    The first of many Congressional hearings on Silicon Valley Bank's failure will be a key event this week, while investors also look to hold onto stock gains during what has been a strong first quarter of the year.  ( 49 min )
    What's next for the U.S. economy? 'The extent of these effects is uncertain.'
    Turmoil in the banking system has made for a murkier outlook for the economy.  ( 54 min )
    Saudi Aramco in Deal with Chinese Partners to Build Refinery
    (Bloomberg) -- Saudi Aramco., the world’s biggest energy company, has signed agreements with Chinese partners to build a state-of-the-art refining complex in the northeast region of the Asian nation.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another  ( 48 min )
    Bearish Bets: 3 Stocks You Should Consider Shorting This Week
    These recently downgraded names are displaying both quantitative and technical deterioration.  ( 11 min )
    Target Making Huge Move to Delight Its Customers
    No content preview
    A $300,000 Annuity Will Pay You This Much Monthly
    When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 50 min )
    I'm Retired But Want to Work Still. What Are My Options?
    Retired people need to stay busy and it never hurts to make extra cash, especially when you're on a fixed income. If you're thinking of working while retired, let's go over some of the best part-time jobs for retirees. Here are … Continue reading → The post 9 Best Part-Time Jobs for Retirees appeared first on SmartAsset Blog.  ( 50 min )
    Investors Brace for Another Week of Turmoil as Mad March Ends
    (Bloomberg) -- Global financial markets are poised for another week of turmoil, as traders close out a dizzying month in which cascading worries about US and European lenders dominated sentiment and complicated central banks’ fight against inflation. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Rep  ( 48 min )
    Paying with plastic is so passé: The global chip shortage is causing delays for new credit and debit cards — here’s why it’s past time you made the switch to a digital wallet
    This way you won't have to worry about losing your card ... again.  ( 49 min )
    I Won the Lottery! How Hefty Are Taxes on My Winnings Going to Be?
    Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 51 min )
    What If I Withdraw Too Little or Don't Take an RMD?
    Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 55 min )
    Does the Rule of 55 Apply to My Retirement Situation?
    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 49 min )
    5 Things to Invest in When a Recession Hits
    When the market is soaring, it's easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it's fast-approaching or still a ways off, it's … Continue reading → The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.  ( 48 min )
    Aerospace Executives Go to Trial Over Alleged No-Poach Deals
    The Justice Department is still trying to win its first trial over alleged criminal labor-market collusion.  ( 24 min )
    Nearly 4 in 5 Americans don't know what their tax bill's going to look like each year — here's how to get ahead of the curve
    Don't let yourself be surprised when you file.  ( 50 min )
    Oil Traders’ Bearish Turn Signals Prices May Stay Low
    (Bloomberg) -- Ask the world’s biggest oil traders where the market is headed as prices hover near a 15-month low, and you’ll hear almost universal agreement: The stage is set for a rally. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeValley National, First Citizens Said to Bid on Silicon ValleyCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysDeSantis’s Bad Week Shows Beating Trump Will Be a Dif  ( 49 min )
    Coinbase Ex-Manager Convicted of Insider Trading Is Crypto’s Latest Legal Hope
    The crypto industry is hoping that a former manager at Coinbase who has pleaded guilty in a criminal case can beat the SEC by challenging the regulator’s view that the tokens he traded were securities.  ( 25 min )
    Elon Musk Suffers a Huge Loss
    No content preview
    Why the biggest banks 'could be natural beneficiaries' of current turmoil: strategist
    The biggest U.S. banks stand to become even more powerful in the wake of the banking crisis — whereas regional banks could lose their foothold.  ( 49 min )
    I'm Buying Doug Kass' Case for Schwab
    But I'd play it a bit differently, here's how.  ( 12 min )
    Altria makes fresh bet on vaping as it tries to move beyond Juul loss
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    'A serious problem': Big South Korean auto firms face heat as State Farm, Progressive now refuse to cover certain models — here’s why these cars are too risky to insure
    This is a TikTok challenge you don’t want to get behind.  ( 50 min )
    How Big Companies Choose Who Is Laid Off
    The process can involve weeks of debate as employee performance and skill sets are reviewed.  ( 25 min )
    Thousands of Retirees Can’t Withdraw Savings Invested in Firms Controlled by Indicted Financier Greg Lindberg
    Holders of annuities totaling $2.2 billion can’t touch their money as the legal battle over Greg Lindberg’s empire rages on.  ( 23 min )
    Why Chinese Apps Are the Favorites of Young Americans
    It isn’t just the algorithms, but a cutthroat culture boosting apps such as TikTok, Shein and Temu.  ( 25 min )
    Valley National, First Citizens bidding for Silicon Valley: report
    Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.  ( 46 min )
    Euro Rally Puts $1.10 in Sight With ECB Now Last Hawk Standing
    (Bloomberg) -- Christine Lagarde is cementing her credentials as the biggest hawk among major central bankers despite the mounting banking stress, handing financial markets a reason to buy the euro and sell German bonds.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Sh  ( 49 min )
    Credit Suisse Takeover Hands Swiss Business a Big Headache
    (Bloomberg) -- UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink the financing options for small and mid-sized companies, after the demise of a 166-year-old champion of Swiss entrepreneurship.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s  ( 49 min )
    Elon Musk Offers Employees Stock Grants Valuing Twitter at About $20 Billion
    Compensation has been one of many questions facing employees since Elon Musk’s tumultuous acquisition of the company last year.  ( 24 min )
  • Open

    What Charts Should Crypto Investors Use?
    Crypto technical analysis involves using technical indicators to evaluate the market before making a trading decision. Here’s how to read crypto charts.  ( 24 min )
    Who Regulates Mortgage Lenders?
    The federal Truth in Lending Act and the Real Estate Settlement Procedures Act (RESPA) dictate most of the regulations that mortgage lenders must follow.  ( 20 min )
    Ethereum Merge
    The Ethereum Merge is the joining of Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet.  ( 16 min )
    Depression in the Economy: Definition and Example
    An economic depression is a steep and sustained drop in economic activity featuring high unemployment and negative GDP growth.  ( 23 min )
    How to Become a Day Trader: 10 Steps Explained
    Want to be the master of your career by becoming a full-time day trader? Prepare to arrange sufficient capital, design a strategy, and more.  ( 17 min )
    What Are Transaction Costs? Definition, How They Work and Example
    Transactions costs are the prices paid to trade a security, such as a broker's fee and spreads, or to make any trade in a market.  ( 15 min )
    Does It Make Sense To Buy CDs When Interest Rates Are Low?
    CD rates can determine how much room your money has to grow. Learn whether it makes sense to buy CDs when rates are low.  ( 16 min )
    What Is Ethereum 2.0?
    The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 16 min )
    Jumbo CDs vs. Regular CDs
    A jumbo certificate of deposit (CD) works the same as a regular CD, except that it requires a larger investment and pays a higher interest rate.  ( 17 min )
    Vacation Home Definition
    Vacation homes are second properties that may be used for recreational or rental purposes and that are separate from the owner's principal residence.  ( 14 min )
    How Many Jobs Will the Fed’s War on Inflation Cost?
    If government economic forecasts are correct, there’s going to be a “mild” recession later this year—but it probably won’t seem so mild to the millions who would be put out of work.  ( 11 min )
    What Is a Chartered Retirement Planning Counselor (CRPC)?
    A chartered retirement planning counselor (CRPC) has earned is a professional designation awarded by the College for Financial Planning.  ( 17 min )
    Top 5 Benefits of a Summer Job—Besides Pay
    No matter how brainless or backbreaking your part-time job may be, the benefits can go way beyond your wallet.  ( 17 min )
    Should You Contribute to a Non-Deductible IRA?
    Non-deductible IRAs are particularly attractive for people who are restricted by income limits in how much money they can put away for retirement.  ( 18 min )
  • Open

    De ramadan is ook op de werkvloer steeds beter vol te houden
    De ramadan is deze week begonnen. Veel moslims vasten in deze periode tussen zonsopkomst en zonsondergang. Het is voor velen van hen de belangrijkste maand van het jaar. Maar hoe flexibel gaan werkgevers om met de ramadan?  ( 7 min )

  • Open

    Working Capital Management Explained: How It Works
    Working capital management is a strategy that requires monitoring a company's current assets and liabilities to ensure its efficient operation.  ( 17 min )
    How Amazon Financing Works
    Amazon has multiple credit offerings, including products for both its users and sellers. Learn more about the details of each.  ( 18 min )
    10 Investing Concepts Beginners Need to Learn
    This checklist will help you get started as an intelligent and successful investor. It focuses on key personal attitudes and strategic frameworks.  ( 18 min )
    National Bank Surveillance System (NBSS) Definition
    The National Bank Surveillance System (NBSS) was a computerized monitoring system that evaluated the performance of national banks and predicted their chance of failure.  ( 17 min )
    Who Are Pfizer's (PFE) Main Competitors?
    Pfizer's biggest competitors in the global pharmaceutical industry are Johnson & Johnson, Roche, Eli Lilly, AbbVie, Novo Nordisk, and Merck.  ( 15 min )
    Meet the Billionaire Media Families Who Inspired the Hit TV Series `Succession'
    As HBO's `Succession' returns for as fourth season, meet the wealthy media families who inspired the hit drama series.  ( 12 min )
    How to Avoid Violating Wash Sale Rules When Realizing Tax Losses
    How to avoid violating the wash sale rules set by the Internal Revenue Service (IRS) when realizing capital losses in your taxable investment account.  ( 16 min )
    Return on Equity (ROE) Calculation and What It Means
    Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.  ( 25 min )
    Derived Demand: Definition, How It's Calculated, and Uses
    Derived demand—in economics—is the demand for a good or service that results from the demand for a different, or related, good or service.  ( 15 min )
    How to Open a Brokerage Account for a Child
    A minor child may be named on a brokerage account if a parent or guardian opens a custodial account with the child.  ( 16 min )
  • Open

    Valley National, First Citizens Said to Bid on Silicon Valley
    (Bloomberg) -- Valley National Bancorp and First Citizens BancShares Inc. are both vying for Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister Says‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000  ( 47 min )
    Elon Musk gives Twitter employees details on ‘very significant’ stock awards after relentless layoffs, cost-cutting: Report
    Twitter is apparently offering demoralized employees new equity grants that will start to vest after six months.  ( 47 min )
    Dunkin' Has a New Weapon in Its War With Starbucks
    No content preview
    Corporate Debt Becomes Market of Haves, Have-Nots: Credit Weekly
    (Bloomberg) -- Investors are quickly dividing corporate borrowers into the haves and the have-nots.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Shows Beating Trump Will Be a Difficult TaskWorries about the health of banking systems on both sides of the Atlantic, incr  ( 48 min )
    Bond Traders Go All-In on US Recession Bets That Defy Fed View
    (Bloomberg) -- Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Trade  ( 49 min )
    The ‘too big to fail’ regime for banks just doesn’t work, Swiss minister says. ‘The economic damage would be considerable’
    A restructuring or liquidation would have triggered “major international upheaval," said finance minister Karin Keller-Sutter.  ( 47 min )
    Fed’s Preferred Inflation Gauge Seen Staying Elevated
    (Bloomberg) -- The Federal Reserve’s preferred measure of underlying price pressures probably remained elevated in February, keeping officials in a precarious spot as they seek to balance inflation-fighting resolve and stress on the banking system.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now Ne  ( 51 min )
    This Week in Coins: Investors Rehash Bitcoin's 'Safe-Haven' Status as DeSantis Takes Aim at CBDCs
    As investors rushed to leading cryptocurrencies like Bitcoin, politicians in the United States took aim at incoming CBDC plans.  ( 48 min )
    Ford CEO on EV transition: 'Batteries are the constraint'
    Ford has its work cut out for it in securing enough critical minerals for its EV batteries.  ( 48 min )
    Banking Crisis: Small Banks Hit by Massive Cash Withdrawals
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    J.P. Morgan Analysts Say These 2 Stocks Are Their Top Picks for 2023
    In the investing world, the art of “stock picking” is crucial for success; investors must choose the right stocks to invest in to achieve strong returns. Therefore, when Wall Street experts label a stock as a ‘Top Pick,’ it’s a significant indication that the stock has great potential, and investors should take note. Using the TipRanks platform, we’ve looked up the details on two stocks that have recently gotten ‘Top Pick’ designation from the analysts at banking giant J.P. Morgan. So, let’s div  ( 49 min )
    The U.S. Is Scaring Off Foreign Investors. Is It Becoming Uninvestible?
    For those with no interest in democracy and with money to burn, America might be starting to look like a risky market.  ( 23 min )
    Panera Bread palm scanners ‘provide another level of convenience, personalized service’: CEO
    Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.  ( 47 min )
    The Stock Market Hopes the Worst Is Over. Experience Says It’s Not.
    A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )
    The Bond Market Is Starting to Recover After a Rough 2022. What to Know.
    A big headwind for bonds—whose prices move inversely to their yields—has been the Federal Reserve’s aggressive rate-tightening program.  ( 23 min )
    US Mulls More Support for Banks While Giving First Republic Time
    (Bloomberg) -- US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 48 min )
    Panic Around Deutsche Bank Being The 'Next Credit Suisse' Spreads
    No content preview
    Boost Your Portfolio’s Diversification and Income With This High-Yield International ETF
    Many people are looking for investments that can beat inflation, which sits at 6%. How about a dividend ETF yielding 7.5% that also gives you exposure to some of the world’s top international stocks? The ETF is the iShares International Select Dividend ETF (BATS:IDV). What is the IDV ETF? The IDV ETF comes from BlackRock’s popular iShares family of ETFs. It “seeks to track the investment results of an index composed of relatively high dividend paying equities in non-U.S. developed markets.” As t  ( 49 min )
    Bitcoin Price Slips but Conditions for ‘Crypto to Thrive Remain Intact’
    Bitcoin has had a solid month, rising as turmoil roils the banking sector.  ( 23 min )
    Jeremy Siegel says there's a silver lining to the current bank crisis — making him more optimistic about 2024. Is the famed economist onto something?
    Recent turmoil = a more bullish outlook? Here's how  ( 48 min )
    Some workers are worried that ChatGPT will replace their jobs. They might be right
    ChatGPT and other generative AI tools are starting to see more widespread adoption. That has some workers worried.  ( 47 min )
    What Counts Toward the Gift Tax?
    If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But don't fret. This doesn't always … Continue reading → The post How to Fill Out Form 709 appeared first on SmartAsset Blog.  ( 50 min )
    Can Someone Explain to Me the Real Difference Between a 401(a) and 401(k)?
    Interested in investing in your retirement? You know you should be socking money away for your golden years, but you need to understand the savings vehicle your employer offers. The 401(k) plan, which for-profit employers offer, is a popular way … Continue reading → The post 401(a) vs. 401(k): What's the Difference? appeared first on SmartAsset Blog.  ( 50 min )
    Roth IRA Withdrawal Rules and Penalties You Probably Don't Know About But Should
    Roth IRAs are one of the many ways you can save for retirement. Their key benefit – you can withdraw funds in retirement without paying taxes on the distributions – has made them very popular among tax-savvy investors. Still, there … Continue reading → The post Roth IRA Withdrawal Rules and Penalties appeared first on SmartAsset Blog.  ( 50 min )
    JPMorgan's Best Retirement Advice For 2023
    "Some of the market's best days occur very close to the worst days." This is one of the pieces of advice from the 2023 Retirement Guide published recently by J.P. Morgan Asset Management . The guide is the 11th version … Continue reading → The post JPMorgan Recommends These Themes For Retirement In 2023 appeared first on SmartAsset Blog.  ( 50 min )
    Most Americans Retire at This Age
    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 49 min )
    Yes, It Is Harder to Get a Mortgage If You're a Senior. But Here's How to Stack the Deck in Your Favor
    Getting a mortgage could become more difficult and expensive as you age. For most Americans, especially young adults, homeownership remains out of reach with the average purchase price for a home nearly doubling over the past 10 years and mortgage … Continue reading → The post Does the Mortgage Industry Hate Old People? appeared first on SmartAsset Blog.  ( 49 min )
    Traders’ Flight to Safety Is About the Next Recession, Not Banks
    (Bloomberg) -- Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market. Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing Bubble“It ain’t pretty out there,” said Charlie  ( 49 min )
    Homebuyers move swiftly to 'lock in a good deal now': Mortgage rates continue to melt as economists dream of a real estate 'rebound' in spring
    While lower rates are helping buyers overcome affordability hurdles, home prices are still expected to remain high.  ( 48 min )
    Medicare Advantage plans seem enticing, but here are 12 things to consider before signing up
    Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.  ( 49 min )
    Black Swan Funds Have a Moment as Investors Hedge Market Doom
    (Bloomberg) -- Black Swan funds spend years waiting for markets to crash. Turns out, just a whiff of a crash is enough to juice performance.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThese options-based strategies that benefit from volatility breakouts ar  ( 49 min )
    America's biggest bank bought $1.3M worth of nickel — but it was actually just a big bag of rocks. Here are 3 ways to invest in the hot commodity. (And do it legally)
    Apparently, even the price of stones has skyrocketed.  ( 48 min )
    Europe is in denial about the banking crisis engulfing it
    “We've been assured there really isn't a problem in the eurozone banking system”, the finance minister of one member state told me last week in the wake of the Credit Suisse collapse. “I'm not worried by current developments”.  ( 50 min )
    How seniors can manage the looming deadline for mandatory retirement withdrawals
    April 1 is the deadline to make your first required minimum distribution, or RMD, from IRAs, 401(k)s, 403 (b) plans and other similar workplace plans.  ( 51 min )
    Some Taxpayers Are Getting Full State and Local Tax Deductions Again
    Thirty states have passed laws that allow partners or shareholders in pass-through entities—including S corporations, LLC and partnerships—to work around a federal cap on so-called SALT deductions.  ( 23 min )
    Behind Adani Deals, an ‘Elusive’ Elder Brother
    The sibling of the Indian conglomerate’s founder played a key role in activities questioned by a U.S. short seller; company says brother had no managerial role.  ( 25 min )
    Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
    While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.  ( 48 min )
    How badly the banking crisis could hit Britain
    Much like viral illnesses, bank runs have a habit of being contagious. After Silicon Valley Bank (SVB) collapsed and Credit Suisse reached its humiliating denouement last week, one City banking boss received a phone call from his mother.  ( 49 min )
    China's property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache
    China's post-pandemic recovery is sending a clear and urgent message to the nation's fallen property tycoons: shape up, reorganise and get on with working out their debt. The rush is on. China Evergrande's Hui Ka-yan and his beleaguered industry peers have set March as a key target. By the end of the month, they want to have a done deal with their creditors, or at least have something to show. If not, they could miss Beijing's lifeboat for the sector and lose any remaining goodwill among credito  ( 53 min )
    5 things you may have missed during a pivotal week for the Fed and markets
    So much for market calm.  ( 49 min )
    Bitcoin Liquidity Hits 10-Month Low Amid US Banking Crisis
    The banking network collapse from earlier this month poses a significant risk to the health of the crypto market.  ( 47 min )
    ARK CEO Cathie Wood on the Fed, Crypto, SVB, and Her Faith in Innovation Stocks
    Since last year, the ARK Invest CEO has been warning that the Fed's interest-rate increases could break the financial system.  ( 27 min )
    The Problem with the Debt Ceiling Isn’t What You Think
    It's almost time for Washington's next scheduled crisis. The clearest risk isn't the one everyone talks about, Christopher Smart writes.  ( 26 min )
    Deutsche Bank fears could become a self-fulfilling prophecy
    The world remains on a knife-edge. After a period of relative calm following the bailout of Credit Suisse, the FTSE 100 has ended the week firmly in the red again amid another sharp sell-off in bank stocks.  ( 48 min )
    Bank failures and rescue test Yellen's decades of experience
    Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. Paulson, who ran the Treasury Department during the financial crisis in 2008, counseled immediate government action. A bank run on Silicon Valley Bank had begun earlier in the week.  ( 53 min )
    The Best Trade in Tech Right Now—and 6 Ways to Play It
    Shares of these six cybersecurity stocks are up about 15% this year, on average. Yet they are down about 25% over the past 12 months.  ( 23 min )
    Preferred Stocks Offer a Better Way to Bet on Banks
    With fat yields and more safety than common stock, preferred shares can be lifeboats for investors navigating banking’s stormy seas. Why bigger is better for small investors.  ( 23 min )
    The Floor Could Still Fall Out of This Stock Market
    Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.  ( 23 min )
  • Open

    Intel-oprichter Gordon Moore (94) die 'wet van Moore' bedacht overleden
    Medeoprichter Gordon Moore van chipmaker Intel is vrijdag op 94-jarige leeftijd overleden. De Amerikaan is vooral bekend om 'de wet van Moore', zijn voorspelling over de rekenkracht van computerchips.  ( 3 min )
    NU+ | Facebook weet alles over je, maar bij Chinese apps wordt het pas écht eng
    Rijksambtenaren mogen straks geen TikTok meer gebruiken op werktelefoons. Het besluit van het kabinet komt voort uit zorgen over spionage door de Chinese overheid. Voor Amerikaanse dataslurpers, zoals Facebook en Google, zijn die waarschuwingen er niet.  ( 6 min )
    Spaarprogramma's houden ons met punten die dreigen te verlopen bij de les
    We zijn gek op sparen; of het nu punten zijn, zegeltjes, korting of handdoeken. Een nieuwe trend is dat spaarprogramma's ons erop wijzen dat ze we onze punten kwijt kunnen raken. Zo willen ze ons in beweging krijgen.  ( 5 min )
  • Open

    Decades of Bond Market Prosperity End Abruptly
    The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 1 min )
    5 Things to Know Before Markets Open
    Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 1 min )
    Markets Recover Losses to Finish Higher
    Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 1 min )
    Money Market Funds Attract $300 Billion in Four Weeks, Fastest Pace Since 2020
    Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 1 min )
    Deutsche Bank Shares Crater as Banking Concerns Resurface
    Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 1 min )
  • Open

    UK Regulator Eases Stance on Activision-Microsoft Deal
    U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 1 min )

  • Open

    Current Ratio Explained With Formula and Examples
    The current ratio is a liquidity ratio that measures a company’s ability to cover its short-term obligations with its current assets.  ( 23 min )
    How to Earn Passive Income Through Crypto
    Cryptocurrency can be used to earn passive income. Learn how some people are using virtual currency as a supplemental income source.  ( 14 min )
    Top CD Rates Today, March 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Traditional and Roth IRAs: Benefits and Drawbacks
    Traditional and Roth IRAs offer a tax-advantaged way to save for retirement, but there are contribution limits and strict rules regarding withdrawals.  ( 20 min )
    UK Regulator Eases Stance on Activision-Microsoft Deal
    U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 11 min )
    Markets Recover Losses to Finish Higher
    Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 10 min )
    Here Are the ABCs (and D) of Debt-Ceiling Lingo
    The debt-ceiling debate never seems to go away for good. Here's a guide to the lingo for when it starts up again.  ( 14 min )
    Debtor in Possession (DIP): Meaning, Rules, Pros and Cons
    A debtor in possession (DIP) is a person or business under bankruptcy protection that still holds property to which a creditor has a right.  ( 16 min )
    Credit Application: Definition, Questions, Your Legal Rights
    A credit application is a formal request by a borrower to a lender for credit. It requires the applicant to provide certain information about their finances.  ( 16 min )
    Primary Account Holder: Definition, Examples, vs. Secondary
    A primary account holder is legally responsible for a credit card or bank account including any transactions made by other, authorized users.  ( 16 min )
    CHIPS and Science Act of 2022
    The CHIPS and Science Act, signed into law on Aug. 9, 2022, supports domestic semiconductor manufacturing, research and development, and workforce development.  ( 18 min )
    Judgment Lien: Definition, Examples, Vs. Property Lien
    A judgment lien is a court ruling giving a creditor the right to take possession of a debtor's property if the debtor doesn't fulfill their obligations.  ( 15 min )
    How Financial Advisors Can Help With Debt
    Learn how a financial advisor can help you analyze and structure your finances to bring down debt, and how to find the right advisor for you.  ( 17 min )
    US to Take Years to Refill Its Strategic Petroleum Reserve
    The U.S. has announced it may not soon replenish the oil it sold from its Strategic Petroleum Reserve last year, but assessing the market impact is somewhat difficult.  ( 13 min )
    Bump-Up Certificate of Deposit (Bump-Up CD)
    A bump-up certificate of deposit entitles the bearer to take advantage of rising interest rates with a one-time option to “bump up” the rate paid.  ( 16 min )
    Subordination Agreement: Definition, Purposes, Examples
    A subordination agreement establishes one debt as ranking behind another in priority for collecting repayment should a debtor default.  ( 15 min )
    The 10 Biggest Hedge Fund Failures
    Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 22 min )
    The most common reasons credit limit increases are denied
    Learn why requests to increase the credit limit on a credit card may be declined, and find out which factors influence the lender's decision.  ( 16 min )
    Decades of Bond Market Prosperity End Abruptly
    The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 13 min )
    Nasdaq Readies To Launch Crypto Custody
    Nasdaq is getting close to launching custody for cryptocurrencies, after announcing its digital assets business last year.  ( 11 min )
    Heading Into Retirement With Student Loans
    More older Americans are taking out or cosigning loans to help their kids and grandkids pay for college. It doesn't always work out well.  ( 18 min )
    Today's Mortgage Rates & Trends - March 24, 2023: Rates Sink
    Mortgage rates took a major downturn, dropping the 30-year rate average to its lowest level in six weeks.  ( 12 min )
    Money Market Funds Attract $300 Billion in Four Weeks, Fastest Pace Since 2020
    Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 13 min )
    Concealment Definition
    Concealment refers to a failure to reveal material information that would alter the premium or issuance of an insurance policy.  ( 13 min )
    Withdrawal: Definition in Banking, How It Works, and Rules
    A withdrawal is a removal of funds from an account, plan, pension, or trust. Often, conditions must be met in order to avoid penalties.  ( 16 min )
    Is Your Retirement Plan on Track?
    Sooner or later that day will come. How to tell if you're ready and what to do if you need a course correction.  ( 16 min )
    Build Your Own Annuity
    Here are some tips on the different types of annuities you could have in your portfolio.  ( 19 min )
    Should Your Required Minimum Distribution Be in Cash?
    What is the most tax-efficient way to take required minimum distributions from your retirement plan? Several financial advisors weigh in.  ( 16 min )
    Roth Feature Boosts Benefits for 401(k) & 403(b) Plans
    Roth 401(k) and 403(b) plans can beat traditional plans over the long term by providing tax savings at retirement.  ( 17 min )
    What Are the Risks of Annuities in a Recession?
    Which among the most common types of annuities pose the most risk during a recession? Let’s take a look.  ( 17 min )
    Business Activity Rebounded in March on Higher Demand, Service Sector Strength
    U.S. companies reported a big jump in business activity this month as demand surged, especially in the services industry. The S&P Global Flash US Composite Purchasing Managers’ Index (PMI) for March was 53.3, up from 50.1 in February.  ( 10 min )
    Are There Minimums to Contribute to My 401(k) Plan?
    Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 17 min )
    Consumer Theory: Definition, Meaning, Objective, and Example
    Consumer theory is a branch of microeconomics that studies how people decide what to spend their money on based on their preferences and budget constraints.  ( 14 min )
    Converting Traditional IRA Savings to a Roth IRA
    A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 20 min )
    Money Management: Definition and Top Money Managers by Assets
    Money management is the process of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.  ( 14 min )
    Payment for Typical New Mortgage Hits $2,060
    Affording a house just keeps getting more difficult: Median payment for a new mortgage rose to $2,061 in February, the highest in data going back to 2009.  ( 11 min )
    E*TRADE vs. Fidelity: Which Should You Choose?
    Both are strong options, but if cost is your concern, then Fidelity is your best choice.  ( 18 min )
    The Most Common Student Loan Scams and How to Avoid Them
    Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 21 min )
    Want to Retire in Five Years? What You Must Know
    Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.  ( 19 min )
    Follow-on Public Offer (FPO): Definition and How It Works
    A follow-on public offer (FPO) is an issuance of additional shares by a public company that already listed on an exchange.  ( 14 min )
    How to Make a Cryptocurrency
    With thousands existing already, have you ever wondered how a cryptocurrency is made? Learn more about how you can make your own cryptocurrency.  ( 17 min )
    The 6 Worst Student Loan Mistakes You Can Make
    Don't let these errors in judgment affect your good credit for the rest of your life.  ( 17 min )
    Deutsche Bank Shares Crater as Banking Concerns Resurface
    Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 12 min )
    Americans Spent Record $567 Billion to Fix Their Homes Last Year
    Homes in the U.S. are older than ever and need of critical repairs and maintenance, according to a Harvard study.  ( 11 min )
    How Long Does an Item Appear on My Credit Report?
    Missed payments, collections, and requests for credit take can appear on a credit report for several years. Learn about time frames how often creditors report to bureaus.  ( 18 min )
    The Push to Require Financial Literacy Education
    The U.S. ranks 14th in the world in basic financial skills. Only 57% of Americans are considered financially literate. Find out which states require financial education.  ( 20 min )
    Are Student Loans Amortized?
    Wondering if student loans are amortized? Here's everything you should know about student loans and amortization.  ( 17 min )
    5 Things to Know Before Markets Open
    Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 11 min )
    What Is the Dow Jones Industrial Average (DJIA)?
    The Dow Jones Industrial Average (DJIA) is a popular stock market index that tracks 30 U.S. blue-chip stocks.  ( 22 min )
  • Open

    Cathie Wood Buys the Dip on Coinbase Stock Two Days After Dumping
    ARK invest sold Coinbase shares on Tuesday, then bought an even larger haul on Thursday after word of the SEC's warning tanked the price.  ( 47 min )
    New York Community Bancorp Stock to Benefit From Signature Bank Deal
    Company picks up Signature Bank assets and deposits on the cheap from FDIC. Also, Wall Street views on General Mills, Alaska Air Group, Boyd Group Services, Chewy, and KB Home.  ( 23 min )
    Deutsche Bank, Amazon.com, GameStop: Stocks That Defined the Week
    Here are seven major companies whose stocks moved on the week’s news.  ( 25 min )
    The Stock Market Keeps Gaining. The Risks Keep Building.
    A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )
    Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
    Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.  ( 50 min )
    Fed Data Show a Drop in U.S. Commercial Bank Deposits
    The deposits dropped by $100 billion during the week ended March 15. At the same time, consumer loans edged up.  ( 23 min )
    Market Rally Still Hasn't Done This; Microsoft, Tesla Lead 6 Stocks Near Buy Points
    No content preview
    Top CD Rates Today, March 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    UK Regulator Eases Stance on Activision-Microsoft Deal
    U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 12 min )
    Standard Chartered: Oil Prices Likely To Head Higher
    Commodity experts at Standard Chartered are saying that the path of least resistance for oil prices at this point is higher, not lower  ( 48 min )
    What’s Going On at Deutsche Bank?
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    Charles Schwab Stock Got Hit in the Bank Mess. Be Careful.
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    Netflix Password-Sharing Crackdown Seen Driving Subscriber Boost
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    Boeing’s 787 Delivery Delays Are a Problem for American Airlines
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    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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    Microsoft and Other Growth Stocks Worth a Look—And How to Find More
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    IPO Stock Of The Week: Rao's Sauce Maker Sovos Approaches Buy Point
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    Bank of America Trims Banking, Lending Group Amid Industry Slump
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    Altria Believes Smoke-Free Products Could Double Revenue for the Growth Area
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    Dexcom Stock Option Trade Could Return $465 While Risking Just $35
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    Fed’s Bullard Lifts His 2023 Rate Forecast on Strong Growth
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an assumption that banking-sector strains will prove temporary.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-S  ( 48 min )
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    Ford CEO: Tesla is going to see 'more price competition' in the EV market
    Ford CEO Jim Farley is all in on taking the fight to Tesla.  ( 48 min )
    Washington Supreme Court upholds effort to balance tax code
    The Washington Supreme Court on Friday upheld the state's new capital gains tax, which was adopted by lawmakers in an effort to balance what is considered the nation's most regressive tax code. In a 7-2 decision, the justices found the tax to be an excise tax — not a property tax, which the state Constitution limits to 1% annually, or an income tax, which Supreme Court decisions dating to the 1930s have found unconstitutional. “For 134 years, Washington state has been waiting for the day when a fairer tax system came about, one where working people were not carrying an inequitable share of the burden," Gov. Jay Inslee, a Democrat, said in a statement.  ( 49 min )
    Why Activision Blizzard Shares Are Trading Higher Today
    Activision Blizzard, Inc (NASDAQ: ATVI) shares gained 6% after the U.K. antitrust regulator capped its concerns regarding the Microsoft Corp (NASDAQ: MSFT) deal. On Friday, the Competition and Markets Authority issued updated provisional findings in its assessment of Microsoft's proposed acquisition of Activision, narrowing its scope of concerns. The CMA's new evidence provisionally alleviates concerns concerning the supply of gaming consoles in the U.K. In February, the CMA flagged competition  ( 47 min )
    Nio Stock Looks To Recover With These 'Bold Bets' — Is It A Buy?
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    S&P Warns of Default Wave Ahead for Latin America as Rates Rise
    (Bloomberg) -- Rapidly rising borrowing costs pose more of a threat to companies in Latin America than anywhere else in emerging markets, raising concern that defaults in the region are about to rise, according to S&P Global Ratings.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 49 min )
    GSK, Haleon Shares Drop After Setback on Zantac Cancer Litigation
    Nearly four months after a federal court ruling eased investors' concerns, a decision by a state judge in California has reignited those fears.  ( 23 min )
    Ford Laid Out Its Plans for an EV Future. The Market Is Getting It Wrong.
    Ford is losing billions on its electric vehicles. Why the push could pay off in the near future.  ( 23 min )
    Golden handcuffs: Low fixed-rate mortgages are trapping millions of US homeowners as they wait for a better time to sell. Here are 3 ways to make money from your home without listing it
    Patience is key in any real estate venture.  ( 49 min )
    TD Bank's Charlotte exec talks local impact of $50B community pledge ahead of First Horizon merger
    TD Bank recently revealed a pledge to invest in local communities across the U.S. to complement its pending, $13.4 billion acquisition of First Horizon Corp. Hugh Allen, a TD Bank executive based in Charlotte, talks about the local impact.  ( 17 min )
    Nvidia CEO: 'We're seeing an acceleration in demand... because of generative AI'
    Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )
    Nvidia CEO: 'We're seeing an acceleration in demand...because of generative AI'
    Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )
    Biden's SPR Strategy Has Capped Oil Prices
    Before plunging on Friday morning, oil prices had recovered somewhat from last week's crash, but the lack of demand from the SPR capped that rebound.  ( 48 min )
    Commercial real estate is in trouble. A banking crisis will make it worse.
    Property owners were already under pressure from rising rates and empty office space. The last thing they needed was a banking crisis.  ( 49 min )
    Microsoft’s Activision Deal Gets a Win. The U.K. Is No Longer Worried About Console Competition.
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    Deutsche Bank Is Victim of Irrational Market, Citi Analyst Says
    (Bloomberg) -- Deutsche Bank AG shares plunged the most in three years on Friday, suggesting that a week of soothing words from central bankers and politicians have failed to calm broad worries about the financial sector.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short t  ( 48 min )
    Europe will pay the price for wiping out Credit Suisse bondholders as its ex-CEO warns U.S. banks are ‘rubbing their hands’
    Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.  ( 48 min )
    Regeneron’s Asthma Drug Results Were ‘Stellar.’ Analyst Sees a Sales Bonanza.
    The company and its partner Sanofi presented data from a trial of the drug as a treatment for chronic obstructive pulmonary disease.  ( 23 min )
    Couple claims JPMorgan sold $10 million of their jewelry after drilling open a safety deposit box because they didn’t pay their rent
    They allege they were not given notice before their personal belongings were auctioned off.  ( 49 min )
    Helium Company Enters Joint Venture In Major Arizonan Natural Gas Field, While Markets Are Still Suffering A Shortage
    By David Willey, Benzinga  ( 48 min )
    Seeking at Least 7% Dividend Yield? Goldman Sachs Suggests 2 Dividend Stocks to Buy
    Since the banking crisis began, investors have been looking toward the Federal Reserve. The central bank’s move on interest rates had been widely anticipated, and investors were eager for a sign to indicate whether the Fed saw inflation or a bank run crisis as the greater threat. With central bank’s announcement of a 25 basis point rate hike, or 0.25%, the impression is that the Fed has tried to take a middle path, and is slowing its interest rate policy to calm the banking sector while not aban  ( 50 min )
    Is $3 Million Enough to Retire at 65?
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    The age of 62 remains the most popular time to claim Social Security benefits — but are most people correct? Here are the pros and cons of cashing in early
    Here are the pros and cons of cashing in early — yes, early — once you hit that charmed age.  ( 48 min )
    Even if Depositors Flee, Charles Schwab Is Prepared, CEO Says
    The brokerage last week issued a statement, saying the company's 'longstanding reputation as a safe port in a storm remains intact.'  ( 23 min )
    First Republic Bank Falls on Finance Sector Jitters in Europe
    (Bloomberg) -- First Republic Bank extended its slump Friday on the heels of another downgrade and as the financial turmoil spread to a European lender.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShares of First Republic fell as much as 6.6% in premarket tr  ( 46 min )
    Tesla Stock: Cathie Wood Sells $27 Million Of TSLA, Buys The Dip On Coinbase, Block
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    Deutsche Bank Tumbles, Default Protection Costs Spike As U.S. Bank Crisis Spreads To Europe
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    Stock market today: Stock futures fall as further bank-related fears percolate
    Stocks are feeling pressure from multiple directions.  ( 48 min )
    Deutsche Bank shares drop amid global jitters over banks
    Shares in Deutsche Bank, Germany's largest lender, fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets. Deutsche Bank shares were off 14% in early afternoon trading on the German stock exchange. The drop follows a steep rise in the cost of financial derivatives, known as credit default swaps, that insure bondholders against the bank defaulting on its debts.  ( 49 min )
    Couple privilege: The wealth gap between married and single Americans has more than doubled in the last decade — here's how to get ahead when you're at a 'notable disadvantage'
    An expert thinks the rising value of assets, like homes, could “balloon this gap even further.”  ( 49 min )
    Petrobras CEO Says He’s Ready to Be World’s Last Oil Producer
    (Bloomberg) -- Jean Paul Prates, the head of Brazil’s state-controlled oil company, isn’t deterred by the world’s energy transition. He says Latin America’s largest producer should keep increasing fossil fuel output for decades to come.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Sa  ( 49 min )
    Deutsche Bank Junior Bond Rises After Early Repayment Announced
    (Bloomberg) -- A tier 2 subordinated bond by Deutsche Bank AG is surging toward face value on Friday after the lender unexpectedly announced its decision to redeem the note early.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe bonds, which mature in 2028,  ( 48 min )
    Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein
    The next main catalyst for the sector is the reward halving in early 2024, the report said.  ( 47 min )
    Block Stock Splits Wall Street. One Fund Bought It and Sold Tesla After Hindenburg News.
    A critical report from short-seller Hindenburg Research sends shares in Block falling. The company says the report is inaccurate, and some analysts agree.  ( 23 min )
    Wall Street reacts to Hindenburg's report on Block: 'We find it highly unlikely'
    Wall Street is not so sure about a new short call on Block.  ( 50 min )
    Dow Jones Futures Fall As Deutsche Bank Woes Become Latest Focus
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    Deutsche Bank Shares Plunge in Renewed Bout of Stress
    (Bloomberg) -- Deutsche Bank AG was at the center of another selloff in financial shares heading into the weekend. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe German bank tumbled 12% on Friday. Credit default-swaps on Deutsche Bank’s euro, senior debt  ( 48 min )
    Stocks Slump, Fed Borrowing, Deutsche Bank Tumbles, Block Hits Back, Do Kwon Indictment - Five Things To Know
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    BofA Says Investor Rush to Cash Is Fastest Since Covid Hit
    (Bloomberg) -- Investors are fleeing to cash in the biggest rush since the onset of the pandemic as concerns of an economic slowdown mount, according to Bank of America Corp. strategists who see equity and credit markets slumping in coming months. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among  ( 48 min )
    These Stocks Are Moving the Most Today: Block, Coinbase, Deutsche Bank, Netflix, Ouster, and More
    Shares of Block extend losses Friday after the payments company is targeted by short-selling firm Hindenburg Research, while Coinbase also falls for a second day following receipt of a Wells Notice from the SEC.  ( 23 min )
    Deutsche Bank Shares Slump as Credit-Default Swaps Surge
    (Bloomberg) -- Deutsche Bank AG shares slumped and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukr  ( 48 min )
    The Fed gave stocks a reprieve, but the all-clear is a ways off: Morning Brief
    The market may have some answers post-Fed decision, but things are still on edge.  ( 49 min )
    Tech war: proposed US 'guardrails' on new semiconductor investment in China to block TSMC, Samsung expansion plans on mainland
    Some of the world's leading chip makers, including Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics, will be hamstrung from expanding their facilities in China under proposed US guidelines covering companies that receive federal funding for semiconductor production, according to analysts. The proposed "national security guardrails", which the US Commerce Department unveiled on Tuesday, bar companies receiving a portion of the US$52 billion in federal subsidies under the US CH  ( 49 min )
    Apple CEO Tim Cook to meet top China officials amid growing risks of supply chain decoupling with the US
    Apple CEO Tim Cook will be among a small group of top US executives attending a high-profile summit hosted by the Chinese government this weekend, in a show of commitment to the market amid decoupling risks and supply chain adjustments. The head of the world's most valuable company will join Jon Moeller, CEO of consumer goods giant Procter & Gamble; Stephen Schwarzman, CEO of investment firm Blackstone; and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, at the China  ( 50 min )
    Where to Put Your Money During a Banking Crisis
    Market turmoil is sending nervous investors into cash, but there are several options better than parking it in a mattress.  ( 24 min )
    Here’s What Retirement With Less Than $1 Million Looks Like in America
    Five retirees open up about their financial lives and how they spend their time and money.  ( 24 min )
    U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
    Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.  ( 46 min )
    Short-End US Rates Plunge as Wild Moves Grip Market for 11th Day
    (Bloomberg) -- Markets are signaling the Federal Reserve is wrong when it talks about the prospect for further interest-rate hikes, with bond investor Jeffrey Gundlach among the latest to predict cuts instead as the risk of recession grows.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Mi  ( 49 min )
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    T-Mobile and Verizon Are Pushing ‘Fixed Wireless’ Internet. What It Means for the Stocks.
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    ARK Buys the Wells Dip With $17.7 Million COIN Purchase
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    Dow Jones Futures: Split Market Rally Whipsaws On This Moody's Warning
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    Cathie Wood Buys Block Shares During Hindenburg-Fueled Plunge
    (Bloomberg) -- Cathie Wood snapped up more of Block Inc. shares as the payment firm became short seller Hindenburg Research’s latest target on allegations of facilitating fraudsters.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidCredit Suisse, UBS Among B  ( 47 min )
  • Open

    Pensioenfonds ABP vergoedt schade van 8.000 mensen die pensioen misliepen
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    Klanten van ING kunnen weer geld overmaken na storing
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    Werkgevers vrezen dat economie op slot gaat door stikstofregels
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    Energie-update: De winter is voorbij en de gasopslagen zijn nog goed gevuld
    NU.nl geeft je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )
    Nieuwe bankencrisis in eurozone is volgens Rutte zeer onwaarschijnlijk
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    Zorgen op Europese beurzen over stabiliteit bankensector blijven groot
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    TikTok-directeur Shou Zi Chew stapt uit de schaduw voor Amerikaanse Senaat
    Shou Zi Chew is al twee jaar de CEO van TikTok, een van de populairste apps ter wereld. Deze week trad hij voor het eerst in de spotlights toen hij werd ondervraagd door de Amerikaanse Senaat. De toekomst van TikTok in de VS staat op het spel. Wat weten we over Chew?  ( 6 min )
    Klanten van ING kunnen geen geld overmaken door storing
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    Hoogste rechter vindt ook dat bezorgers van Deliveroo geen zzp’ers zijn
    Maaltijdbezorgers van Deliveroo zijn werknemers en geen zzp'ers. Dat oordeelde de Hoge Raad vrijdag in een zaak die was aangespannen door vakbond FNV. Daarmee sluit de hoogste rechter van ons land zich aan bij eerdere oordelen van de rechtbank en het Gerechtshof.  ( 4 min )
    Bedrijven boeken 327 miljard euro winst en breken record van jaar eerder
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    Twitter verwijdert volgende week oude blauwe vinkjes
    Alle Twitter-gebruikers met een geverifieerd account verliezen op 1 april het blauwe vinkje op het profiel. Vanaf die datum is het icoontje voorbehouden aan betalende gebruikers, kondigt het socialemediabedrijf vrijdag aan.  ( 3 min )
    Bedrijven vrezen dat economie op slot gaat door stikstofregels
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    Beyoncé en adidas gaan uit elkaar na tegenvallende verkopen
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    Gemiddeld inkomen van Nederlanders ging vorig jaar iets omhoog
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    Shell, BP en Dow hebben een veel grotere impact op het klimaat dan concurrenten
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    Eerste staat in VS remt gebruik van TikTok en Instagram door kinderen
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    Fabrieken Shell en BP zijn schadelijker voor klimaat dan die van concurrenten
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    Fabrieken Shell, BP en Dow zijn klimaatonvriendelijker dan die van concurrenten
    Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 11 min )
  • Open

    Goldman Expects US Households to Sell $750B in Stocks This Year
    A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 1 min )
    Markets Gain, Rebounding From Wednesday's Selloff
    U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 1 min )
    5 Things to Know Before Markets Open
    TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 1 min )
  • Open

    Ford Projects $3 Billion Loss on EV Segment This Year
    Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 1 min )

  • Open

    Why Governments Seek to Eliminate Cash
    Global policies have been implemented to suppress the use of paper currency and promote digital currency to create a data trail for law enforcement and tax agencies.  ( 16 min )
    Goldman Expects US Households to Sell $750B in Stocks This Year
    A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 10 min )
    Markets Gain, Rebounding From Wednesday's Selloff
    U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 12 min )
    SPY ETF: What the SPDR S&P 500 ETF Trust Is and What It Holds
    Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 18 min )
    Top CD Rates Today, March 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    E*TRADE Core Portfolios vs. Fidelity Go
    You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 19 min )
    What Happened to Signature Bank?
    In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 22 min )
    What Is Bitcoin Halving? Definition, How It Works, Why It Matters
    Bitcoin halving, explained. Find out about Bitcoin's artificial inflation process works and what it means for Bitcoin's price and its users.  ( 22 min )
    Bankruptcy Trustee Definition
    A bankruptcy trustee is a person appointed by the United States Trustee to represent the debtor's estate during a bankruptcy proceeding.  ( 18 min )
    Student Loan Repayment Options: What's the Best Way to Pay?
    There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 20 min )
    What Is a Bank Account Number?
    A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 15 min )
    Loan Application Fee: Overview and Examples
    A loan application fee is an up-front fee charged to a potential borrower for processing an application for a loan that is payable when the loan application is submitted.  ( 13 min )
    Fed's Moves May Further Entrench US Dollar's Global Supremacy
    Programs initiated by the Federal Reserve this month to shore up global liquidity, stabilize the banking system, and soothe investors may further entrench the U.S. dollar's global supremacy.  ( 14 min )
    Best Resources for Improving Financial Literacy
    From books and magazines to podcasts and in-person community events, there’s no shortage of valuable tools that you can use to increase your financial knowledge.  ( 21 min )
    Ford Projects $3 Billion Loss on EV Segment This Year
    Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 11 min )
    7 Everyday Activities That Teach Kids About Money
    Good financial habits begin in childhood and last a lifetime.  ( 16 min )
    Top 10 S&P 500 Stocks by Index Weight
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    Fidelity vs. TD Ameritrade: Which Should You Choose?
    The Fidelity vs. TD Ameritrade broker debate comes down to your experience in trading and investing. Beginners may appreciate TD Ameritrade’s educational programs. Fidelity offers better value, but with fewer features. Read our comparison.  ( 18 min )
    Apple to Spend Billions More on Entertainment
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    Here's How Much Central Banks Around the World Are Raising Interest Rates
    Countries around the world, despite having different political regimes and economic conditions, are mostly using the same playbook to fight inflation—their central banks have been raising interest rates.  ( 12 min )
    How to Consolidate Student Loans
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    SEC Urges Caution on Crypto Investing
    Regulator warns of possible conflict of interest  ( 11 min )
    8 Financial Tips for Young Adults
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    Matching Contribution Definition
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    A Primer on Important U.S. Banking Laws
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    Mass Production: Examples, Advantages, and Disadvantages
    Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automated technology.  ( 16 min )
    Terraform Founder Allegedly Arrested in Montenegro
    Officials in Montenegro are awaiting the identification of person believed to be Do Kwon, founder of failed stablecoin Terra and wanted for fraud by authorities across the globe.  ( 11 min )
    What Is Student Loan Deferment? Who Qualifies and How to Get It
    Student loan deferment pauses payments on student loans for up to three years for qualified applicants.  ( 21 min )
    Cyberattacks and the Risk of Bank Failures
    The increasing risk of cyberattacks on banks is a top concern for financial institutions and the government.  ( 16 min )
    Shares of Jack Dorsey's Block Tumble As Short Seller Alleges Fraud
    Shares of mobile payments company Block fell Thursday morning after the short seller Hindenburg Research accused the firm of fraud and overstating user traffic.  ( 11 min )
    Empower vs. Vanguard Personal Advisor Services
    Empower (formerly Personal Capital) and Vanguard Personal Advisor Services are both excellent robo-advisors, but Vanguard Personal Advisor Services charges much less in fees.  ( 22 min )
    What if NFTs Are Taxed as Collectibles?
    The IRS issued a notice Tuesday requesting public comments on the taxation of NFTs, digital assets that can be particularly tricky to square with existing tax codes.  ( 13 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 17 min )
    Today's Mortgage Rates & Trends - March 23, 2023: Rates Inch Higher
    After jumping an eighth of the point the previous day, 30-year mortgage rates have tacked on a couple more basis points.  ( 12 min )
    Coinbase Shares Tumble After SEC Threatens Lawsuit
    Coinbase shares fell almost 20% Thursday morning after the company revealed it had received a Wells notice from the Securities and Exchange Commission, a sign of future legal action.  ( 11 min )
    Inverse Relation Between Interest Rates and Bond Prices
    The inverse relation between interest rates and bond prices seems somewhat illogical at first but then starts to make sense upon closer examination.  ( 18 min )
    Career Advice: Financial Planner or Wealth Manager
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    S&P 500 Index: What It’s for and Why It’s Important in Investing
    The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.  ( 21 min )
    Should COVID-19 Change Your Retirement Strategy?
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    Student Loan Forbearance: Pros and Cons
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    Federal Funds Rate: What It Is, How It's Determined, and Why It's Important
    The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one other overnight.  ( 19 min )
    The Classroom Investor Newsletter
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    Obligor: Definition, Responsibilities, Scenarios, and Types
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    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 19 min )
    10 Tips for Managing Your Student Loan Debt
    How to manage those burdensome payments as you embark on your adult life.  ( 18 min )
    5 Things to Know Before Markets Open
    TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 11 min )
    FDIC Problem Bank List Definition
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    Federal Reserve Regulations Definition
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    Acorn Collective Definition
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    Reverse Mortgages for Rental Properties
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    What to Do If a Bankrupt Company Owes You Money
    Whether you’ll recoup your money depends on what type of creditor you are and whether you take the required legal steps.  ( 17 min )
  • Open

    Oracle Cuts Cerner Jobs After CEO Promised to ‘Clean Up’ Health Unit
    (Bloomberg) -- Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Milli  ( 48 min )
    Jack Dorsey’s Wealth Tumbles $526 Million After Hindenburg Short
    (Bloomberg) -- Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Million in Jewels  ( 46 min )
    Is This Finally an Atomic Bomb From the SEC?
    The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.  ( 49 min )
    Banks Are Borrowing at Financial Crisis Levels. What It Means.
    The Federal Reserve's balance sheet continued to swell as banks braced themselves in the aftermath of two bank collapses.  ( 23 min )
    Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis
    “We avoided the debt crisis a couple of times...but now the game is over," economist Nouriel Roubini said in a new interview.  ( 49 min )
    Who Is Shou Zi Chew, the TikTok CEO Trying to Reassure America?
    He straddled Western and Chinese business culture on his way to the top, and now TikTok’s CEO says he wants to clarify misconceptions about the company.  ( 26 min )
    Top CD Rates Today, March 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    Why Jim Cramer Isn't Fazed by the Fed Rate Hike
    No content preview
    Stock Market Rally Whipsaw Off Highs As Moody's Issues This Bank Warning
    No content preview
    U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That’s not a problem—until it is
    "As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."  ( 48 min )
    Wall Street Expects the Fed to Cut Rates. That Isn’t a Good Sign
    (Bloomberg) -- Wall Street pros are warning investors who bid up US stocks on expectations the Federal Reserve will soon be cutting interest rates to remember an old cliche: Be careful what you wish for.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidJPMorgan Sold $10 Million in Jewels Left in Bank Safe Deposit Box, Sui  ( 48 min )
    Netflix Stock Rises On Better View For Ad-Supported Service, Gaming Play
    No content preview
    Stocks hold onto gains during volatile post-Fed session
    Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )
    Let's Pump the Brakes On GameStop's Profitable Quarter
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    Nvidia Stock, Related ETFs Jump on AI Partnership
    The semiconductor maker unveils cloud services for ‘large language.’  ( 46 min )
    How To Invest: Nvidia, Tesla Reveal 3-Step Routine For Bull And Bear Markets
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    Obsessed With High-Dividend Stocks? Here's Why This Major Firm Says That's a Mistake
    In recent years, high-dividend stocks have become especially popular among investors looking for income in their portfolios. A new article from asset management firm AllianceBernstein, though, posits that these shares are not enough for building an effective portfolio. Rather, the … Continue reading → The post Obsessed With High-Dividend Stocks? Here's Why This Major Firm Says That's a Mistake appeared first on SmartAsset Blog.  ( 48 min )
    Cathie Wood Watch: While Others Sell Block, Ark Is Buying
    No content preview
    Is It Time To Buy Gold Stocks And ETFs As Banking Crisis Rocks Investors? Here's What Charts Show
    No content preview
    Treasury bills’ popularity is booming after the Fed raised rates. Here’s what you need to know, and how to buy them
    Experts say investors may be able to generate attractive, short-term returns as the Fed continues to raise rates  ( 49 min )
    Bank Stocks Are Trading Like It’s the Pandemic. What’s Next.
    The SPDR S&P Bank exchange-traded fund has been flatlining near the level it reached in November 2020, early in the pandemic.  ( 23 min )
    Stocks rally after Fed signals rate hikes near end: Stock market news today
    Stocks were higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )
    Dow Jones Pares Gains As Homebuilders Outperform; Apple Makes Big Move As Cathie Wood Stocks Sell Off
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    Opportunity in Big Bank ETFs
    Some investors might look at big banks’ growing deposits and lower stock prices and see an opportunity.  ( 47 min )
    Nvidia Stock Scores Successful Breakout Amid Investor Excitement Over AI
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    Down More Than 50%: 2 ‘Strong Buy’ Stocks That Are Too Cheap to Ignore
    When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a  ( 50 min )
    Ford’s Model E Segment Means Something For Rivian. It Isn’t Good.
    By almost any metric or comparison, Rivian spends more money than peers.  ( 23 min )
    Elon Musk says Jerome Powell is so bad at his job that GPT-4 would be a better Fed chair: ‘This foolish rate hike will worsen depositor flight’
    Elon Musk disagreed with the Fed describing the banking system as “sound and resilient,” tweeting, “banks are melting.”  ( 48 min )
    Is $5 Million Enough to Retire at 65?
    Retirement planning has many elements, but there are two questions that must be answered before anything else can be addressed: What age do you plan on retiring? And, how much money do you need saved to retire at that age? … Continue reading → The post Is $5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 48 min )
    How safe are credit unions amid bank turmoil?
    A series of bank collapses in recent weeks has given some depositors the jitters, with many moving their funds to larger institutions for safety. So how are credit unions faring?  ( 48 min )
    Baidu Follows Alibaba, Focuses On RISC-V Chips To Bypass US Embargo
    On Thursday, Shanghai-based RISC-V chip technology company StarFive said it had received a strategic investment from Chinese search firm Baidu Inc (NASDAQ: BIDU) for an undisclosed amount. StarFive has raised 1 billion yuan ($146.46 million) in financing to date, calling that a record for the domestic RISC-V sector, Reuters reports. The investment reflects a growing trend among Chinese tech giants to pour resources into RISC-V, an open-source technology that some analysts say is less susceptible  ( 46 min )
    Block: The Short Seller Report Makes Some Good Points, but Doesn’t Convince, Says Analyst
    Thursday is turning out to be a bad day for Block (NYSE:SQ) stock. Shares of the digital payments specialist are down 14%, as of this writing, after a short seller launched an attack on the company. Specifically, following a two-year investigation, Hindenburg Research alleged Block was facilitating fraudsters. The short seller also announced it had opened a short position on the shares. Hindenburg claimed that after looking into the matter, it discovered that Block’s enormously successful Cash A  ( 47 min )
    Cidara's Lower Than Expected Q4 Earnings Overshadows FDA Nod For Antifungal Treatment
    The FDA approved Cidara Therapeutics Inc's (NASDAQ: CDTX) antifungal Rezzayo (rezafungin) under priority review for treating candidemia and invasive candidiasis in adults with limited or no alternative treatment options, the company announced Wednesday. While the EMA accepted the marketing authorization application for rezafungin in August 2022, it is still under review for potential approval in Europe. Last year, Melinta Therapeutics acquired the rights to commercialize Rezzayo in the U.S. Also  ( 46 min )
    Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike
    Hedge fund manager Bill Ackman sounds the alarm on the state of the U.S. economy amid a banking crisis and the Federal Reserve's fight against inflation.  ( 47 min )
    Realty Income Pays a 5.1% Dividend Yield; Here's When to Buy the Dip
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    Cathie Wood Suffers Double Blow as Drama Hits Coinbase and Block
    (Bloomberg) -- An activist short seller attack on one US firm and the threat of regulatory action against another have conspired to deal a double blow to Cathie Wood and ARK Investment Management, as both shares are among her top holdings.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidFinally, a Serious Offer to Take P  ( 47 min )
    Think Texas has a cheaper tax burden than California? Think again.
    "When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."  ( 49 min )
    Tesla Model 3 Could Lose EV Credit, Report Says. Confusion Around the Tax Break Continues.
    The EV pioneer didn't immediately respond to a request for comment.  ( 23 min )
    Why Accenture Shares Are Gaining Today
    Accenture plc (NYSE: ACN) shares are gaining over 4% during Thursday morning trading session following its solid Q2 results. The company also disclosed its plan to reduce 19,000 jobs. ACN reported second-quarter FY23 revenue growth of 5% year-over-year to $15.81 billion, beating the consensus of $15.59 billion. New bookings increased by 13% Y/Y to $22.1 billion. Consulting revenues decreased by 1% Y/Y to $8.28 billion, and Managed Services revenues increased by 12% Y/Y to $7.54 billion. Adjusted  ( 46 min )
    Is Novavax Stock A Sell After Expressing 'Substantial Doubt' About Its Future?
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    Ford stock higher despite $3B in losses expected for EV segment
    Ford gave investors and analysts today a peek at how it will reorganize its business units and report financial performance.  ( 48 min )
    Square Plunges As Short Seller Accuses Company Of Facilitating Fraud
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    Block stock falls 15% amid short seller accusations of 'inflated metrics' and avoiding regulation
    Block shares 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )
    Block stock falls 14% amid short seller accusations of 'inflated metrics' and 'avoiding regulation'
    Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 48 min )
    Block stock falls 10% amid short seller accusations of 'inflated metrics' and 'avoiding regulation'
    Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )
    Block stock falls 20% amid short seller accusations of 'inflated metrics' and 'avoiding regulation'
    Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )
    Is SQ Stock A Buy Or Sell Amid Hindenburg Research Short Position?
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    Accenture to Cut 19,000 Jobs, 2.5% of Workforce
    Layoffs by the provider of consulting and outsourcing services contribute to a wave of cuts that have gone beyond the tech industry as greater economic uncertainty drives cost reduction across different sectors.  ( 25 min )
    'It's a b----, but you gotta do it': Charlie Munger says that your first $100K is the toughest to earn — but most crucial for building wealth. Here's why it's such a magical milestone
    Here's why 100K is a magic financial milestone.  ( 50 min )
    ‘Our Best Long-Term Picks’: Morgan Stanley Suggests 3 High-Quality Stocks to Buy Now
    Stock experts often tout the merit of taking the long-term view rather than looking for short term gains. It’s a strategy that gets the thumbs up from Morgan Stanley’s US Equity Strategy team, led by Mike Wilson. Wilson has been one of the Street’s most vocal bears for a while, but while he does not see the bear market as over just yet, he forecasts a “stronger earnings picture” by next year. A friendlier monetary policy, high inflation receding, pent-up demand in investment/capex and in specifi  ( 51 min )
    Short Seller Hindenburg Says Jack Dorsey’s Payments Company Inflates User Numbers
    Shares in Block Inc.—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year investigation.  ( 25 min )
    First Republic and PacWest Bancorp Stocks Rebound After Post-Fed Losses
    Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )
    Stock market news today: Stocks open higher after Fed signals rate hikes nearing end
    Stocks were trading higher early Thursday as investors digested Wednesday's news the Federal Reserve's rate hiking campaign is likely to end earlier than previously expected.  ( 48 min )
    EUR/USD Forecast – Euro Gives Up Early Rally
    The Euro has initially rallied during the trading session on Thursday but has given back the gains as we have run into major selling pressure again.  ( 47 min )
    Tesla EV Tax Credit May Go Away For Its Cheapest Model; TSLA Stock Rebounds
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    The Average 401(k) Balance by Age: Are You Off the Mark?
    It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.  ( 51 min )
    Does an Employer Match Count Toward My 401(k) Limit?
    A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 50 min )
    Roth IRA Income Limits For 2023
    A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 51 min )
    'Oh my God': This secretary in Illinois built a $7M fortune starting with $180. Here's the 1 powerful technique that made Grace Groner rich — and can change your life too
    No lotto tickets required.  ( 49 min )
    Charles Schwab Says It Could Ride Out a Deposit Flight
    The brokerage is sitting on sizable long-term debt that has lost value as the Fed has raised rates.  ( 27 min )
    Bitcoin To $1 Million: Former Coinbase CTO Predicts Bitcoin To Rise 35,000% In June Amid U.S. Bank Uncertainty
    Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts. The bet is part of Srinivasan’s view  ( 48 min )
    Dow Jones Futures Higher After Surprise Drop In Jobless Claims; Block Crashes 20% On Short Seller Report
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    GE Is Splitting in Two. What Each Part Is Worth.
    Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )
    First Republic Leads Renewed Bounce for Hard-Hit Bank Stocks
    (Bloomberg) -- First Republic Bank shares rose on Thursday along with banking peers, rebounding off the prior day’s losses that stemmed from disappointment over comments from Treasury Secretary Janet Yellen on bank deposits.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threa  ( 47 min )
    Accenture Earnings, Revenue Top Estimates Amid Job Cuts
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    Coinbase stock plunges on possible SEC legal action over securities laws
    The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."  ( 47 min )
    The Big Quit: Almost 70% of US workers plan to leave their jobs in 2023 — and Gen Z, millennials are leading the charge. 3 tips to successfully carve a new career path this year
    Leave your job but don't resign yourself to a frugal future.  ( 50 min )
    Boeing Stock Dropped on Two Counts. Four Reasons It Can Bounce Back.
    The past couple of days have been a whirlwind of new information for Boeing investors.  ( 23 min )
    Coinbase Tumbles Amid SEC Storm Clouds. What It Means for Robinhood and Crypto.
    The cryptocurrency broker revealed Wednesday that U.S. securities charges may be looming, a threat that goes far beyond Coinbase.  ( 23 min )
    Coinbase and Gary Gensler are in a death match and only one of them can prevail
    The SEC's decision to send Coinbase a sweeping Wells Notice is a turning point for crypto.  ( 47 min )
    Accenture Beats Wall Street Expectations but Lowers Guidance. The Stock Rises.
    Accenture said bookings hit a new record level but lowered its full-year guidance.  ( 23 min )
    Coinbase Announces Very Bad News
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    Dow Jones Futures Rise, Techs Jump After Fed Sell-Off; Apple, 5 Titans Mask Market Weakness
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    Ford reveals new operating structure, $3B in losses expected for EV segment
    Ford gave investors and analysts today a peek behind how it will reorganize its business units, and report financial performance.  ( 48 min )
    Ford’s EV Business Is Losing Billions. But Not for Long.
    The auto maker's electric-vehicle business has lost about $3 billion over the past two years combined. But Ford believes billions in EV profits lie just around the bend in the road.  ( 23 min )
    No 'Guarantee' But Yellen May Have Just Set a Trap for the Bears
    For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.  ( 13 min )
    Amazon’s Pricey Stock Is Getting Harder to Justify
    (Bloomberg) -- For years, Amazon.com Inc.’s aggressive growth strategy has enabled the stock to command a hefty premium to big tech peers. But with its expansion slowing, many investors are now balking at paying up for the e-commerce giant.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Pea  ( 49 min )
    The Fed Signaled an End to Rate Hikes. Why Investors Still Aren’t Happy.
    Yellen spooks the markets, SEC warns Coinbase, celebrities charged over crypto scheme, and other news to start your day.  ( 23 min )
    ‘Gerbil banking’ preceded the Great Depression. We’re seeing it again today
    Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.  ( 49 min )
    Stocks Nudge Higher, Yellen 'Blanket', Coinbase On Notice, Swiss Hike, Boeing Deal
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    Short Seller Hindenburg Says ‘Another Big One’ Coming Soon
    (Bloomberg) -- Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb T  ( 47 min )
    American Households Likely to Sell $750 Billion in Stocks, Goldman Sachs Estimates
    (Bloomberg) -- American households will sell $750 billion of stocks this year in the first annual drop in demand since 2018, thanks to higher bond yields and lower savings, Goldman Sachs Group Inc. strategists say.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threat Called I  ( 48 min )
    US regulators have set their eyes on Coinbase
    The Securities and Exchanges Commission (SEC) has sent Coinbase a letter warning of possible legal action.  ( 49 min )
    These Stocks Are Moving the Most Today: Coinbase, First Republic, Chewy, KB Home, and More
    Coinbase is warned by the Securities and Exchange Commission that the agency could take enforcement action against the crypto exchange, while shares of First Republic Bank and PacWest Bancorp post modest rebounds.  ( 23 min )
    The Federal Reserve now believes its work is nearly done: Morning Brief
    The Federal Reserve has raised rates aggressively in the last year and projected on Wednesday its work raising rates is likely done. Dealing with the fallout of these moves, however, appears to be a project just getting underway.  ( 49 min )
    First Republic and PacWest Bancorp Stocks Rebound After Post-Fed Losses
    Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )
    US Stock Futures, Asia Shares Rise as Calm Returns: Markets Wrap
    (Bloomberg) -- US equity futures climbed with Asian stocks as relative calm returned to markets Thursday following a tumultuous day of losses on Wall Street.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Markets WrapAn index of  ( 49 min )
    Investors Turn More Bearish on Stocks After Fed, Survey Shows
    (Bloomberg) -- Investors are convinced the Federal Reserve will hike again this year and won’t pivot to monetary easing until 2024 — an outlook they see as bearish for stocks.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Market  ( 49 min )
    Lindsay Lohan Accused by SEC of Illegally Touting Tokens
    (Bloomberg) -- The US Securities and Exchange Commission sued crypto mogul Justin Sun for allegedly violating securities rules, and said eight celebrities including Lindsay Lohan and the artist known as Soulja Boy illegally touted tokens.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace  ( 48 min )
    Powell’s Own Guide to Recessions Shows Rate Cuts Are Coming
    (Bloomberg) -- A recession is certain and so are rate cuts this year. That’s the message from the bond market metric Federal Reserve Chairman Jerome Powell highlighted a year ago as the best guide to tip-off economic troubles in the US.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisAckman Warns of Accelerated Deposit Outflows After Fed Decis  ( 48 min )
    Citi’s Fraser Warns Mobile Money is ‘Game Changer’ For Bank Runs
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  • Open

    Volkswagen moet Nederlander 3.000 euro betalen in sjoemeldieselzaak
    Volkswagen moet een Nederlandse consument 3000 euro schadevergoeding betalen omdat de autofabrikant illegale software had geïnstalleerd in zijn dieselwagen. Dat heeft de rechtbank in Haarlem bepaald.  ( 3 min )
    Overheid heeft onvoldoende oog voor kwetsbare burgers bij innen schulden
    Drie grote overheidsorganisaties leveren onvoldoende maatwerk bij het innen van belastingschulden, boetes en onbetaalde zorgpremies, concludeert de Algemene Rekenkamer. Ze gaan niet na of de burgers na de betalingen wel genoeg leefgeld overhouden.  ( 4 min )
    Ondanks Credit Suisse-debacle gaat de rente ook in Zwitserland omhoog
    Centrale banken in onder meer Zwitserland en het Verenigd Koninkrijk hebben donderdag hun rentes verder verhoogd. Dat deden ze ondanks zorgen over onder meer de dreigende ondergang van de Zwitserse bank Credit Suisse. In de nasleep van de aardbeving in Turkije bleef de rente in dat land ongewijzigd.  ( 3 min )
    Maandag waarschijnlijk bekend of stakingen in het streekvervoer doorgaan
    Werkgevers en vakbonden praten komend weekend verder in een laatste poging om tot een cao-akkoord te komen voor de dertienduizend werknemers in het streekvervoer. Als de partijen er opnieuw niet uit komen, volgen er vanaf volgende week woensdag nieuwe stakingen.  ( 3 min )
    Internationale treinen van en naar Duitsland rijden maandag niet vanwege staking
    De internationale treinen van en naar Duitsland rijden maandag niet, omdat werknemers van het Duitse spoorbedrijf staken. Dat heeft de NS donderdag bekendgemaakt.  ( 3 min )
    Enorme stakingsdag in Frankrijk van start: onderwijs en vliegverkeer ontregeld
    In Frankrijk is een massale stakingsdag tegen de door de regering doorgedrukte pensioenplannen van start gegaan. Meer dan een op de vijf leraren heeft het werk neergelegd en honderden scholen zijn geblokkeerd door betogers of gesloten. Ook het vliegverkeer wordt hard geraakt.  ( 4 min )
    Prijzen blijven nog wel even stijgen, maar het ergste is volgens DNB achter de rug
    De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )
    Duitse ov-medewerkers staken maandag landelijk omdat nieuwe cao uitblijft
    In Duitsland rijden maandag naar verwachting geen treinen, trams en bussen. Ook luchtvaartpersoneel legt het werk neer nu vakbonden Verdi en EVG hebben opgeroepen tot een massastaking omdat een nieuwe cao uitblijft. Werkgevers en de bonden kunnen het niet eens worden over de lonen.  ( 3 min )
    Arbeidsinspectie grijpt in op onveilige bouwplaatsen door werk stil te leggen
    De Nederlandse Arbeidsinspectie heeft vorige week in totaal 250 overtredingen geconstateerd op 140 verschillende bouwplaatsen. In meer dan de helft van de gevallen was de situatie zo gevaarlijk dat de werkzaamheden direct zijn stilgelegd.  ( 3 min )
    Prijzen blijven nog wel even stijgen, maar piek ligt volgens DNB achter ons
    De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )
    Hoge warmtetarieven zorgden niet voor extra winst bij leveranciers
    De hogere tarieven voor wie is aangesloten op het warmtenet hebben vorig jaar niet gezorgd voor meer winst bij leveranciers. Dat meldt toezichthouder ACM, die de cijfers over 2022 bekeek van bedrijven als Ennatuurlijk en Vattenfall.  ( 4 min )
    EU bereikt akkoord over terugdringen uitstoot scheepvaart
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    TikTok is volgens topman geen spion van de Chinese overheid
    TikTok heeft nog nooit gegevens van gebruikers met de Chinese overheid gedeeld en zal dat ook nooit doen. Dat gaat topman Shou Zi Chew van de videoapp donderdag verklaren voor het Amerikaanse Congres, blijkt uit de al gepubliceerde verklaringen.  ( 4 min )
    Eerste ge-3D-printe raket gelanceerd, motorstoring zorgt voor problemen
    Het Amerikaanse ruimtevaartbedrijf Relativity Space heeft donderdagochtend voor het eerst een ge-3D-printe raket gelanceerd. Door een motorstoring kwam de Terran 1-raket niet hoger dan 16 kilometer. Toch noemt het bedrijf de missie een succes, meldt persbureau Reuters.  ( 3 min )
    Cryptobeurs Coinbase voldoet niet aan regels en moet vrezen voor boetes
    De Amerikaanse toezichthouder voor effectenhandel (SEC) gaat cryptoplatform Coinbase aanpakken. De toezichthouder vindt dat cryptobedrijven als Coinbase, die de handel in digitale munten mogelijk maken, eigenlijk actief zijn in de handel in aandelen en obligaties. Maar ze voldoen niet aan de strengere regels die daarvoor gelden.  ( 3 min )
    Ondernemers stoppen vanwege regeldruk en schulden steeds vaker uit zichzelf
    De krappe arbeidsmarkt, regeldruk en opgelopen coronaschulden zorgen ervoor dat steeds meer ondernemers er de brui aan geven. In de eerste twee maanden van dit jaar zijn 33.137 bedrijven gestopt. Dat zijn 22 procent meer stoppers dan een jaar eerder.  ( 5 min )
  • Open

    S&P 500 Sank as Fed Raised Rates
    The benchmark index dropped amid the Fed's aggressive, year-long campaign of raising rates to fight inflation, though it's rebounded from recent lows.  ( 1 min )
    5 Things to Know Before Markets Open
    The Fed announces a tough rate decision, UK inflation surprises with a jump, and US home prices fall for the first time in over a decade. Here’s what investors need to know today.  ( 1 min )
    Markets Dip as Fed Raises Rates Despite Banking Concerns
    U.S. stocks declined on March 22, 2023, as the Fed raised interest rates by 25 basis points amid persistent concerns about the banking sector.  ( 1 min )
  • Open

    GameStop Reports First Quarterly Profit in Two Years, Shares Soar
    GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.  ( 1 min )
    PacWest Bancorp Lost 20% of Customer Deposits, Raises $1.4 Billion Cash
    PacWest Bancorp raised $1.4 billion in cash from Atlas SP Partners and borrowed heavily from the Fed to shore up liquidity after losing almost 20% of customer deposits.  ( 1 min )

  • Open

    TikTok’s CEO is about to introduce himself to America, but the ex-Facebook intern’s charm offensive faces a hostile audience
    Shou Zi Chew has been TikTok's boss for 2 years needs to convince U.S. lawmakers that the social media app, owned by China-based ByteDance, is not a threat to national security.  ( 50 min )
    Stocks moving in after-hours: Chewy, KB Home
    Stocks moving after the bell on March 22, 2023.  ( 48 min )
    Coinbase receives SEC warning about potential legal action
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    SEC Warns Coinbase of Potential Securities Charges
    Coinbase Global said the Securities and Exchange Commission has sent the company a "Wells Notice."  ( 23 min )
    SEC Plans Lawsuit Against Coinbase, According to Exchange
    The regulator believes the largest U.S. crypto exchange violated investor-protection laws in several aspects of its business, including its staking and wallet service.  ( 26 min )
    Gisele Bündchen says she was 'blindsided' by FTX collapse
    Gisele Bündchen recently touched on the rapid collpase of cryptocurrency exchange FTX in late 2022, describing it as "terrible" and saying it "blindsided" her.  ( 47 min )
    Emerging Social Security proposals may fall short on addressing retirement crisis
    The proposals may unintentionally hurt those least prepared for retirement.  ( 51 min )
    Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
    One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. So if customers sitting anywhere in the world with an Internet connection can instantly move their money from one bank to another, the question arises of how different that traditional setup looks compared to notoriously fickle crypto, aside from the ostensible government backstop.  ( 50 min )
    Powell Says Fed Was Baffled by SVB Collapse Despite Warnings
    (Bloomberg) -- Federal Reserve Chair Jerome Powell conceded that top officials were stumped at the sudden collapse of Silicon Valley Bank earlier this month, which spurred widespread panic of a deeper banking crisis and in turn upended global financial markets.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldAckman Warns of Accelerated Deposit Outflows After Fed DecisionA New Chapter of Capitalism Eme  ( 49 min )
    Dow Jones Falls 530 Points As Banks Lead Fed Sell-Off; Apple, 5 Titans Mask Market Weakness
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    U.S. Natural Gas Demand Exceeds Supply As LNG Exports Jump
    High export demand for LNG and higher domestic natural gas consumption pushed U.S. gas demand to higher levels than supply last year  ( 48 min )
    Fed's Latest Rate Hike: What Retirees Need to Know
    With the recent collapse of two banks serving as a backdrop, the Federal Reserve hiked interest rates another 25 basis points on Wednesday. The decision to raise the federal funds rate to a 4.75-5% target range comes on the heels of the … Continue reading → The post Fed's Latest Rate Hike: What Retirees Need to Know appeared first on SmartAsset Blog.  ( 50 min )
    Coinbase Gets SEC Notice Signaling Intent to Sue Over Crypto Offerings
    (Bloomberg) -- Coinbase Global Inc. said it received a notice from the SEC formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapte  ( 49 min )
    Nvidia is winning AI race, but can’t afford to trip
    Nvidia’s share price has more than doubled over the past six months as it becomes the preferred supplier to both sides of the AI war raging between Google and Microsoft.  ( 48 min )
    Differing Powell and Yellen Messages Were a Lot for the Stock Market to Digest
    (Bloomberg) -- Traders are accustomed to a bumpy ride whenever Jerome Powell speaks. But when Powell speaks at the same time Janet Yellen is talking to Congress about the health of the banking sector, the turbulence can get overwhelming.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled b  ( 49 min )
    Billionaire Richard Branson's Space Business Just Found a Game-Changer
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    GE Is Splitting in Two. Here’s What the Parts Are Worth.
    Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )
    What Wall Street Had to Say About the Fed’s Rate Hike
    (Bloomberg) -- Wall Street widely expected the Federal Reserve to raise interest rates by 25 basis points, which is exactly what happened. But equity investors debated conflicting messages: the policy guidance shifted from “ongoing” rate increases to “some additional” policy firming, though Chair Jerome Powell said that the Fed’s hands aren’t tied. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of  ( 49 min )
    Investors Bid Up Treasury ETFs After Quarter-Point Rate Hike
    Ninth-straight increase suggests rates will stay high for a long stretch.  ( 48 min )
    It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
    Crisis threatened an economic model and national identity built on safeguarding the world’s wealth.  ( 25 min )
    U.S. Bancorp Dispels Doom Scenarios
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    Federal Reserve Hikes Key Rate, Signals It's Almost Done; S&P 500 Rises
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    Five Key Takeaways From Fed’s March Decision to Raise Rates a Quarter Point
    Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee votes unanimously to raise benchmark rate by 25 basis points, as forecast, to target range of 4.75%-5%; second straight hike of that size following December's 50 basis-point hike and the four straight 75 basis-point moves before that “Dot plot” of rate forecasts shows 5.1% median estimate for end-2023, unchanged from last update in December; end-2024 projection rises  ( 47 min )
    Deere Stock Growing Like A Weed; EPS Soared 124% Last Quarter
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    One S&P 500 Stock Is Beating Bitcoin This Year. It’s Not Tesla or Meta.
    High-growth names have done well this year on hopes that the Fed will stop lifting rates.  ( 23 min )
    Nvidia Is Less Than $10 Billion Away From Passing Berkshire as Market’s 5th Largest Stock
    The rise of AI technology has boosted the chipmaker's shares.  ( 24 min )
    Accenture Earnings Due, Tech Services Firm Could Lower Outlook
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    Federal Reserve set to raise interest rates amid banking crisis
    The Federal Reserve is expected to raise interest rates by another 0.25% on Wednesday as it works to tame inflation that remains above target and short-circuit a banking crisis that has seen three U.S. banks fail this month.  ( 48 min )
    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
    I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college savings account, $30,000 in a traditional 401k, … Continue reading → The post Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57? appeared first on SmartAsset Blog.  ( 51 min )
    Leaked Documents Show Amazon Made an Enormous Mistake
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    Bitcoin Approaches $29,000 as Traders Bet on ‘Monster’ Fed Rally
    (Bloomberg) -- Bitcoin approached $29,000 for the first time since June as Federal Reserve officials meet to decide whether to paused their series of interest-rate increases.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisXi Aligns With Putin Against US, But Hesitates on Gas DealFirst Republic Rescue May Rely on US Backing to Reach a DealThe largest digit  ( 47 min )
    DWAC Stock Falls As Digital World CEO Exits And Trump Legal Woes Grow
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    This Warren Buffett Deal a Year Ago Was a Coup for Berkshire Hathaway
    Buffett wouldn't budge on terms, and got Alleghany, a well-run insurer, for a cheap price.  ( 23 min )
    PacWest Bancorp Stock Falls After Bank Opts Against Capital Raise
    The regional bank says it has taken a number of steps to bolster liquidity, including drawing on several available federal facilities.  ( 23 min )
    George Soros and Steve Cohen Have One Thing in Common: They Both Bet on These 2 Stocks
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    Rivian Stock Is Trading Terribly. Wall Street Thinks It’s Time for an Activist.
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    Top Dividend Stocks: This Packaged Foods Company's Dividend Soars 50%
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    Fed rate hikes will trigger a downturn of greater 'speed and magnitude' than the Great Recession: Economist
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    PacWest Bancorp Stock Tumbles After Bank Opts Against Capital Raise
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    First Republic Rescue May Rely on US Backing to Reach a Deal
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    How Do I Avoid Paying Tax on Dividends?
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    Dow Jones Futures Rise Ahead Of Fed Rate Hike Decision, Powell Comments; GameStop Rockets 50% On Surprise Profit
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    Nvidia Cements ‘Dominant AI Leadership’ With New Products. Wall Street Is Enthusiastic.
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    GameStop leads meme stock rally
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    First Republic Bank Stock Slips Ahead of Fed Decision
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    Ford Tiptoes Toward a Big Reveal of Losses From EV Business
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    Luminar Stock Drops After Goldman Says Sell. Why Others Don’t Agree.
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    What is the Federal Reserve's 2023 meeting schedule? Here when the Fed will meet again
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    Lumen CEO Kate Johnson is drawing on her experience at Microsoft to turn around a $20 billion business
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    Zero-Day Options Boom Is Turning Wall Street Trading On Its Head
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    This subprime auto lender went bust as more Americans struggle to keep up with rising car payments — here are 3 steps you can take right now to keep your finances running smoothly
    It pays to be proactive and practical when it comes to your vehicle.  ( 48 min )
    GameStop stock is surging after earnings, but there's a clear problem
    Being profitable on paper belies the tough situation for GameStop.  ( 48 min )
    GameStop Heads Meme-Stock Rally. It’s Still a Short-Squeeze Hope.
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    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out  ( 50 min )
    First Republic Bank Stock Edges Higher Ahead of Fed Decision
    Shares in the San Francisco-based bank plunged in after-hours trading but were around 1% higher ahead of the open Wednesday, in a sign that the volatility may not be over yet.  ( 23 min )
    US semiconductor firm Marvell lays off entire China research and development team in latest round of job cuts amid industry slowdown
    US semiconductor company Marvell Technology is laying off its entire research and development team in mainland China, about five months after the firm initiated job cuts to scale down its operations in the world's largest chip market. Santa Clara, California-based Marvell said it is eliminating about 320 jobs, or 4 per cent of its global workforce, in response to what the company described as an industry slowdown, according to a statement from the firm on Wednesday. "We are streamlining our orga  ( 48 min )
    These Stocks Are Moving the Most Today: GameStop, Nike, First Republic Bank, and More
    Videogame retailer GameStop reports a surprise fiscal fourth-quarter profit, while Nike also beats earnings expectations but says margins contracted in its fiscal third quarter.  ( 23 min )
    Tencent Resumes Growth as China’s Internet Sector Stirs
    (Bloomberg) -- Tencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s largest internet arena to thrive.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldBiden Stunts Growth in China for Chipmakers Getting US FundsSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsSwiss Are On the Hook for $13,500 Each on Credi  ( 50 min )
    Stocks Waver as Traders Await the Fed; Pound Rises: Markets Wrap
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    First Republic Shares Inch Higher as Eyes Turn to Rescue Talks
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    UBS Offers to Buy Back Bonds Sold Before Credit Suisse Deal
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    How can new retirees recover from crushing inflation, rate hikes and bank failures?
    Inflation, aggressive Fed rate hikes, failed banks are creating market havoc that's crushing new retirees' futures. Will they be able to recover?  ( 49 min )
    Fed Caught Between Inflation and Bank Crisis
    (Bloomberg) -- All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On t  ( 49 min )
    JPMorgan Says Treasuries Coping Amid Worst Liquidity Since 2020
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    Bitcoin moves above US$28,000, Ether gains, XRP surges, U.S. equities rally
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    Dow Jones Futures: Market Runs Into Fed Decision; GME Skyrockets Late, First Republic Tumbles
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    EV-Maker Nio Surges, Says ‘Very Confident’ of Hitting Sales Goal
    (Bloomberg) -- Nio Inc. is “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker’s shares to surge in Hong Kong. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsSVB’s Loans to Insiders Tripled to $219 Million Before It FailedBiden Stunts Growth in China for Chipmakers Getting US Fund  ( 48 min )
    ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak
    Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.  ( 46 min )
  • Open

    SEC Sues Tron Founder, Lindsay Lohan and Other Celebrities Over Crypto Promotion
    The Securities and Exchange Commission has launched another set of charges against crypto promoters. This time the list includes Tron Founder Justin Sun, actress Lindsay Lohan, rapper Lil Yachty and Youtuber Jake Paul.  ( 11 min )
    Top CD Rates Today, March 22
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    Senators Call for Independent Oversight of Fed
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    Markets Dip as Fed Raises Rates Despite Banking Concerns
    U.S. stocks declined on March 22, 2023, as the Fed raised interest rates by 25 basis points amid persistent concerns about the banking sector.  ( 10 min )
    Seasons Impact Real Estate More Than You Think
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    Student Loan Help: Free and Low-Cost Solutions to Out-of-Control Loans
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    What Do Creditors Have to Report to Credit Bureaus?
    Understanding how creditors report information about your finances to credit bureaus can help you understand your credit score. Learn how credit reporting works.  ( 15 min )
    What Is a Mean? Definition in Math and Formula for Calculation
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    Today's Mortgage Rates & Trends - March 22, 2023: Rates Jump
    The 30-year mortgage average has reversed after four days of declines, shooting up an eighth of a point.  ( 12 min )
    Pitfalls of Medicare Advantage Plans
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    You Should Pay Off These Types of Debts First
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    How to Get the Cheapest Travel Insurance
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    Fed, Focusing on Inflation, Hikes Interest Rate Again Despite Banking Turmoil
    The financial fallout from the collapse of Silicon Valley Bank wasn’t enough to interrupt the Fed’s campaign of anti-inflation interest rate hikes.  ( 12 min )
    What Is a Bridge Bank?
    A bridge bank is a bank authorized to hold the assets and liabilities of an insolvent bank, and to continue operating, until the insolvent bank is sold or liquidated.  ( 15 min )
    Mortgage Rates Decline to the Lowest Level in a Month
    Mortgage rates declined to their lowest level in a month last week amid concerns about the banking industry, causing home loan applications to rise for a third straight week.  ( 11 min )
    Think Inflation Is Bad in the US? See What Other Countries are Dealing With
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    GameStop Reports First Quarterly Profit in Two Years, Shares Soar
    GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.  ( 10 min )
    S&P 500 Sank as Fed Raised Rates
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    PacWest Bancorp Lost 20% of Customer Deposits, Raises $1.4 Billion Cash
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    5 Things to Know Before Markets Open
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    Shared Appreciation Mortgage (SAM)
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    Contributory Negligence: Definition, Role in Insurance, and Laws
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  • Open

    Brandstof voor oldtimer en sportwagen sneller duurder dan gewone benzine
    Een liter premium benzine (Euro 98), waar veel klassieke auto's, sportwagens en motoren op rijden, wordt steeds duurder vergeleken met de gewone Euro 95, constateren brandstofexperts. Door de oorlog in Oekraïne en de boycot van Russische olie worstelen olieraffinaderijen om voldoende geschikte grondstoffen te vinden om de hoogwaardige benzine te maken.  ( 3 min )
    Amerikanen verhogen rente tot hoogste niveau in 16 jaar ondanks bankenonrust
    De Amerikaanse centrale bank Federal Reserve heeft woensdagavond haar belangrijkste rentetarief verhoogd met 0,25 naar 5 procent. Dat is het hoogste niveau sinds 2007. De Fed zet die renteverhoging door, ondanks onrust in de bankensector na twee faillissementen eerder deze maand. Vorige week verhoogde ook de Europese Centrale Bank (ECB) de rente ondanks de bankenonrust.  ( 4 min )
    KLM verdubbelt het aantal vluchten naar Azië
    KLM vliegt vanaf zondag nog vaker naar Chinese steden en andere bestemmingen in Azië. In de zomerdienstregeling verdubbelt het aantal vluchten naar Aziatische bestemmingen in vergelijking met 2022.  ( 3 min )
    Gigantische meerderheid van Brits parlement stemt in met nieuwe Brexit-deal
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    KLM vliegt twee keer zo vaak naar Azië als vorig jaar
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    Ook bij veel Albert Heijn-filialen kun je voortaan gratis water tappen
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    Ruime meerderheid van Brits parlement stemt in met nieuwe Brexit-deal
    Het Britse parlement is in grote meerderheid akkoord gegaan met een onlangs gesloten Brexit-deal, waarin de EU en het VK afspraken hebben gemaakt over Noord-Ierland. 515 parlementsleden gingen akkoord, 29 stemden tegen. Onder hen waren de voormalige premiers Boris Johnson en Liz Truss, evenals de belangrijke Noord-Ierse partij DUP.  ( 3 min )
    Ook bij veel Albert Heijn's kun je voortaan gratis water tappen
    Na Jumbo introduceert ook Albert Heijn (AH) gratis watertappunten in de supermarkten. Dat kondigt het bedrijf aan op wereld waterdag. In vijf winkels kan vanaf deze week gratis kraanwater getapt worden, het concept wordt uitgerold naar zo'n 250 filialen.  ( 3 min )
    Renteverhogingen blijven volgens centrale banken ook na bankenonrust nodig
    De inflatie in Europa is nog steeds erg hoog en dus willen de centrale banken de rente binnenkort verder verhogen. Ook na de bankenonrust eerder deze maand. "Dat is niet onderhandelbaar", zei ECB-president Christine Lagarde woensdag in een toespraak.  ( 4 min )
    Brandstof voor oldtimer en sportwagen sneller in prijs omhoog dan gewone benzine
    Een liter premium benzine (Euro 98), waar veel klassieke auto's, sportwagens en motoren op rijden, wordt steeds duurder vergeleken met de gewone Euro 95, constateren brandstofexperts. Door de oorlog in Oekraïne en de boycot van Russische olie worstelen olieraffinaderijen om voldoende geschikte grondstoffen te vinden om de hoogwaardige benzine te maken.  ( 3 min )
    Coop-supermarkt verdwijnt steeds verder uit het straatbeeld
    De naam van de supermarktformule Coop is aan het verdwijnen uit het Nederlandse straatbeeld. Inmiddels zijn honderd Coop-winkels omgebouwd naar een PLUS-filiaal, laat deze supermarktketen weten.  ( 3 min )
    NU+ | Met waarschuwingssticker alleen voldoet videodeurbel niet aan privacywet
    Bijna een miljoen huishoudens hebben een videodeurbel. Niet iedereen gaat daar op een correcte manier mee om. Bezitters moeten eigenlijk een bordje plaatsen met informatie over wat ze met de camerabeelden doen. Wie dat niet doet, overtreedt de privacywetgeving.  ( 3 min )
    Jeugdbeschermers gaan minder gezinnen bijstaan om werkdruk te verlagen
    Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 4 min )
    Jeugdbeschermers gaan minder kinderen en gezinnen bijstaan om werkdruk te verlagen
    Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 3 min )
    Akkoord bereikt in de jeugdzorg: werkdruk gaat omlaag
    Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 3 min )
    Nederlanders zijn ook in maart minder pessimistisch over eigen portemonnee
    Nederlanders zijn in maart weer iets minder pessimistisch over de eigen portemonnee dan een maand eerder. Het consumentenvertrouwen laat daarmee voor de vijfde maand op rij een lichte verbetering zien. Toch is het vertrouwen in de economie nog altijd uitzonderlijk laag.  ( 3 min )
    Havenbedrijven gaan tienduizenden werknemers screenen op drugscriminaliteit
    Havenbedrijven gaan met behulp van inlichtingendienst AIVD tienduizenden werknemers onder de loep nemen. De aanpak geldt als pilot om drugshandel en corruptie tegen te gaan, schrijft Trouw.  ( 3 min )
    We blijven ons vaak ziek melden, maar nu vanwege griep
    In februari hebben weer meer mensen zich ziek gemeld bij hun werkgever. Na een jaar met historisch veel ziekmeldingen zijn de verzuimcijfers ook in 2023 hoog, maar nu vooral door de griep.  ( 3 min )
    Keukenhof houdt vast aan les uit pandemie: kaartje koop je op dag en tijd
    Keukenhof opent donderdag weer de deuren. Het park houdt vast aan het systeem waarbij je een kaartje koopt voor een bepaalde dag en tijd. Volgens directeur Jeroen Duyster gebeurt dat steeds vaker bij pretparken, dierentuinen en musea. Een erfenis uit de coronatijd, net zoals het het aantal bezoekers nog niet op het oude niveau zal zijn.  ( 4 min )
  • Open

    Foot Locker to Downsize Amid Lower Earnings, Sales Forecast
    Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.  ( 1 min )
    What Would a US Ban on TikTok Mean for Businesses?
    Faltering social media platforms like Facebook, Instagram, and Snap all stand to benefit if U.S. legislators ban TikTok.  ( 1 min )
  • Open

    Shares of First Republic Bank Rebound on Bailout Talks
    First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 1 min )
    5 Things to Know Before Markets Open
    News of the day for March 21, 2023  ( 1 min )
    Bank Optimism and Yellen's Comments Lift Markets
    U.S. equities jumped, boosted by bank stocks and by comments from Treasury Secretary Janet Yellen that if needed, smaller banks that fail could get a government backstop for uninsured deposits.  ( 1 min )

  • Open

    Distributed Ledger Technology (DLT): Definition and How It Works
    Distributed ledger technology is a decentralized ledger network that uses the resources of many nodes to ensure data security and transparency.  ( 21 min )
    Personal Loan Rates & Trends, Week of March 20: Rates Edge Down
    Rates on personal loans dropped almost two-tenths of a point this week on average, though rates increased for those in the lower credit tiers.  ( 11 min )
    Personal Loan Rates & Trends, Week of March 20: Rates Edge Down
    Rates on personal loans dropped almost two-tenths of a point this week on average, though rates increased for those in the lower credit tiers.
    Top CD Rates Today, March 21
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 10 min )
    Personal Loan Rates & Trends, Week of March 20: Rates Dip
    The average rate on personal loans shed almost two-tenths of a point this week, fueled by a notable increase for those with Excellent credit.
    Millennials See Biggest Decline in Retirement Preparedness
    A new study by Fidelity Investments found that Americans are less financially prepared for retirement in 2023 than they were in 2020, with millennials experiencing the biggest setback as savings decreased.  ( 11 min )
    Over-Collateralization (OC): Definition, Benefits, and Examples
    Over-collateralization is the provision of more collateral than is needed to reduce risk to a lender or an investor in a debt security. Learn how it works.  ( 14 min )
    Bank Optimism and Yellen's Comments Lift Markets
    U.S. equities jumped, boosted by bank stocks and by comments from Treasury Secretary Janet Yellen that if needed, smaller banks that fail could get a government backstop for uninsured deposits.  ( 11 min )
    First Crypto Lawsuit Reaches U.S. Supreme Court
    Although the case doesn't directly involve cryptocurrency technology, it could still impact Coinbase and other firms in the sector.  ( 11 min )
    Contemporaneous Reserves
    Contemporaneous reserves are a form of bank reserve accounting that requires a bank to maintain enough reserves to cover all deposits made during a week.  ( 15 min )
    Information Overload: How It Hurts Investors
    There's a fine line between staying informed and being overloaded with financial information.  ( 15 min )
    Buy Now, Pay Later vs. Credit Cards
    Buy now, pay later plans are an alternative to credit cards. Learn how BNPL works and when it makes sense to use it versus a credit card.  ( 21 min )
    Selling Your Home? You'll Get the Highest Price, Quickest Sale in One Special Week
    April 16-22 is the best week to sell, according to Realtor.com  ( 12 min )
    What Are the Benefits of Credit Ratings?
    Credit ratings are an important tool for borrowers, both individuals and corporations. Learn about the benefits to having a good credit rating and how to improve it.  ( 15 min )
    How Much Tax Do You Pay on a Roth IRA Conversion?
    You’ll owe income taxes of 10% to 37%, depending on your income tax rate, on all the money you convert from a traditional IRA or rollover from a 401(k) to a Roth IRA.  ( 20 min )
    Is Day Trading Profitable? How to Get Started
    Is it possible to determine the average rate of return for day traders? What does it take to get started?  ( 20 min )
    How Information Bias Can Lead to Poor Investing Decisions
    Information bias occurs when data is skewed or biased, no longer reflecting the actual underlying reality. It can play out in many forms, some of which can negatively impact investors.  ( 16 min )
    Today's Mortgage Rates & Trends - March 21, 2023: Rates Inch Lower
    Rates on 30-year loans gave up another two basis points, lowering the flagship average to its cheapest level in five weeks.  ( 12 min )
    What Would a US Ban on TikTok Mean for Businesses?
    Faltering social media platforms like Facebook, Instagram, and Snap all stand to benefit if U.S. legislators ban TikTok.  ( 11 min )
    Vanguard vs. Fidelity: Which Should You Choose?
    Both Vanguard and Fidelity manage huge mutual fund portfolios, but Fidelity is the better option, having opened up its platform to cater to investors at all levels.  ( 19 min )
    Existing Home Sales Surged in February, Recording First Gain in 13 Months
    The National Association of Realtors (NAR) reported existing home sales jumped 14.5% from January to an annual rate of 4.58 million. It was the largest monthly percentage increase since July of 2020.  ( 11 min )
    What Is the The Bank Term Funding Project?
    The Bank Term Funding Program (BTFP) is a Federal Reserve program that offers collateralized loans to banks to sure up banking liquidity in the aftermath of the Silicon Valley Bank collapse.  ( 15 min )
    How to Pay Off Student Loans Fast in 2023
    Paying off your student loans will usually take a long time, but there are ways to speed up the process and save quite a bit of money. Learn how to pay off your student loans as fast as possible.  ( 18 min )
    How to Buy Car Insurance for a New Car
    When you buy a new vehicle, you need to have car insurance. Learn how to buy car insurance for a new car and helpful tips you can use to save some money.  ( 14 min )
    Yellen: Government Willing to Back Deposits at Small and Mid-Sized Banks
    If you keep your money in a small or mid-sized bank, the government made clear it’s willing to bail you out if your institution fails.  ( 12 min )
    How to Refinance a Car Loan in 2023
    Refinancing your car loan can lower your monthly payment and interest rate. Learn how you can save money by refinancing your car loan.  ( 17 min )
    How To Get a Car Loan in 2023
    Not sure how car loans work? Follow our guide to learn how to find and apply for a car loan with the best rates you can get.  ( 15 min )
    Credit Card Rates Rising Along With Fed Rate Hikes
    A year of Federal Reserve rate hikes is having an impact on credit card costs, as interest rates are reaching some of their highest levels, just as card holders take on a record amount of debt.  ( 11 min )
    Shares of First Republic Bank Rebound on Bailout Talks
    First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 10 min )
    Per-Transaction Fees: Definition, Components, Typical Cost
    A per-transaction fee is an expense a business must pay each time it processes an electronic payment for a customer transaction. Learn how these fees work.  ( 14 min )
    Contingent Convertibles (Co/Cos): Definition and Use in Europe
    Contingent convertibles (CoCos) are similar to traditional convertible bonds in that there is a strike price, which is the cost of the stock when the bond converts into stock.  ( 20 min )
    Foot Locker to Downsize Amid Lower Earnings, Sales Forecast
    Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.  ( 10 min )
    5 Things to Know Before Markets Open
    News of the day for March 21, 2023  ( 11 min )
    Should I Cash Out of Mutual Funds to Pay Off Debt?
    Cashing in your mutual funds has advantages and disadvantages for low interest rate debt. Learn how this strategy works and when it can be beneficial.  ( 17 min )
    What's Next For Bank Regulations?
    Failures of Silicon Valley and Signature banks could prompt the government to rewrite the rules of the banking system.  ( 15 min )
  • Open

    First Republic: Finding a Buyer Could Mean a Breakup of Assets
    No content preview
    An economist who correctly predicted the Great Financial Crisis says the world’s central banks have chosen ‘class war over financial stability’
    The Fed and other central banks want to bring down inflation at all costs. Is it worth it?  ( 49 min )
    First Republic Bank Taps Lazard for Help With Review of Strategic Options
    The California bank seeks to regain its footing after the failure of two other lenders caused its depositors to flee.  ( 27 min )
    Stocks moving in after-hours: GameStop, Nike
    These are the stocks moving after the bell on Tuesday, March 21.  ( 46 min )
    Top CD Rates Today, March 21
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    GameStop Shares Surge After It Posts Surprise Profit
    The videogame retailer recorded its first quarterly profit in two years.  ( 26 min )
    Morningstar Says These Two Assets Can Protect Your Portfolio From Inflation
    Let's face it: the past few years have been pretty scary for investors. From the pandemic to the bear market and inflation, it seems like most people aren't as concerned with making huge gains as they are with simply protecting … Continue reading → The post Morningstar Says These Two Assets Can Protect Your Portfolio From Inflation appeared first on SmartAsset Blog.  ( 48 min )
    Warren Buffett’s Likely Successor Buys $24.6 Million in Berkshire Stock
    Berkshire executive Greg Abel now holds a stake worth over $100 million.  ( 23 min )
    Are Money Market Accounts Safe?
    When banking failures occur, depositors naturally become worried about their money. They also tend to question whether to withdraw cash from their accounts or leave it where it is. And as depositors look for a safe place to house their … Continue reading → The post Are Money Market Accounts Safe? appeared first on SmartAsset Blog.  ( 48 min )
    Big Tech companies could see even more layoffs ahead: Analyst
    The tech industry could face more layoffs, especially if the economy takes a dive.  ( 47 min )
    These High-Yielding Mortgage REITs Could Benefit from the Banking Tumult
    With smaller banks likely to pull back from commercial real estate lending, REITs could pick up the slack. Right now, they're cheap and sport yields topping 10%.  ( 23 min )
    Stock market news today: Banks lead stock surge, yields rise as all eyes turn to Fed
    U.S. stocks moved higher early Tuesday following U.S. and European efforts to stabilize the banking system.  ( 49 min )
    Elon Musk says what he thinks the Fed should do with interest rates
    Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.  ( 47 min )
    Cathie Wood Watch, Blast from the Past: Ark Buys Microsoft
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    Energy stocks: Investors selling might be 'overreacting,' says strategist
    Energy stocks are off to a bumpy start this year, but their recent sell-off may be overdone, says one strategist.  ( 47 min )
    Harley Davidson Got Crushed as Bank Stocks Slid. Now It’s ‘Too Inexpensive.’
    The stock was trading at 7.9 times its fiscal 2023 earnings on Tuesday versus its historical five-year average of 10.7, data on FactSet shows.  ( 23 min )
    GME Stock: GameStop Earnings Due As Physical Video Game Sales Slump
    No content preview
    3 of Pittsburgh's biggest banks' value surged before failures rocked sector; here's why
    Until SVB and Sovereign failed, a trio of locals all enjoyed increases in market cap in 2023.  ( 17 min )
    SVB’s Loans to Insiders Tripled to $219 Million Before It Failed
    (Bloomberg) -- As Silicon Valley Bank deteriorated late last year and regulators began internally flagging flaws in its risk management, the lender opened up the credit spigot to one group: insiders. Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Sees Increasing Chances of ‘Minsky Moment’Vanguard Said to Shutter Business in China,  ( 48 min )
    The bank collapses triggered by SVB have uncanny parallels to the savings and loan crisis of the 1980s
    “The arithmetic behind it was timeless," George Ball of Sanders Morris Harris told Fortune.  ( 57 min )
    Apple Stock Gears Up for Major Breakout
    No content preview
    GM class-action lawsuit alleges companies sold faulty 8-speed transmissions
    A lawsuit filed in U.S. District Court accuses General Motors of knowingly selling some 800,000 vehicles with faulty transmissions.  ( 48 min )
    GameStop Reports Earnings Today. The Stock Is Rising.
    The videogame retailer led a pack of highly shorted stocks that surged in January 2021 after retail investors piled in and went viral on social media.  ( 23 min )
    Ark’s Cathie Wood Sees Silver Lining in $2 Billion Loss
    (Bloomberg) -- Cathie Wood highlighted one silver lining of the brutal run her exchange-traded funds suffered through last year: those billions of dollars in losses will help offset future tax bills on gains. Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesJPMorgan Sees Increasing Chances of ‘Minsky Moment’Vanguard Said to Shutter Business  ( 47 min )
    Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress
    The acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about 25,000 trucks.  ( 25 min )
    Stocks Could Be Headed For Another Tumble. It Won’t Look Like the Last One.
    This time around, it might be value stocks that take the biggest hit. Here's why.  ( 23 min )
    3 REITs With Spectacular Returns In 2023
    The volatility seen on Wall Street in 2022 has continued into 2023. The first 10 weeks of 2023 produced a strong January rally, followed by a collapse of prices in February and somewhat into March. Among real estate investment trusts (REITs), about two-thirds of all REITs have produced negative returns year to date, and only about 10% of those that are in positive territory have double-digit returns. A handful of stalwart REITs have produced spectacular returns so far in 2023. Take a look at thr  ( 47 min )
    Delta Move Is Bad News For Southwest, United Airlines Passengers
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    Tesla Price Cuts Show There’s a Method to Musk’s Madness
    The electric-vehicle maker's annual growth in EU registrations of nearly 50% outstripped that of industry peers such as Volkswagen.  ( 23 min )
    Tesla scores blue chip status after Moody's debt upgrade
    It’s a huge milestone for Tesla as the EV-maker enters the blue-chip investment world. Moody’s Investor Research upgraded Tesla’s credit rating to Baa3, which is the first rung on its investment grade ladder for corporate debt, with outlook changed to stable. Previously Moody’s classified Tesla as Ba1, which is the agency’s top rating for high yield corporate, or junk, debt.  ( 46 min )
    Apple Shares Are at a Pivot Point
    Are we seeing an upside breakout or a candlestick reversal pattern?  ( 9 min )
    Disney Has More Bad News Investors Will Hate
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    Why Big Banks’ Stocks Look Too Cheap to Ignore
    The largest U.S. lenders look best shielded from the concerns about soundness that followed the failures of Silicon Vally Bank and Signature Bank.  ( 25 min )
    Nvidia Ramps Up Artificial Intelligence Offerings Amid AI's 'iPhone Moment'
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    Fed could put US economy in 'very dire situation' with rate hike decision, expert warns
    Is the Fed's next rate hike decision going to be "poorly perceived" by the markets and bring the U.S. economy closer to recession? Experts Mike Lee and Kathryn Rooney Vera weigh in.  ( 47 min )
    Yet Another Tax Scam Is Making The Rounds, Warns IRS
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    Federal Reserve Meeting: Rate Hike Likely, But U-Turn Is Near; S&P 500 Gains
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    Moderna Wants $130 Per COVID-19 Vaccine Dose, US Health Authorities Warn Of Incurable Deadly Fungal Infection, Elon Musk Wants Interest Rate Cut: Today's Top Stories
    Reuters Moderna Wants To Charge About $130 Per COVID-19 Vaccine Dose Moderna Inc (NASDAQ: MRNA) expects to charge $130 per dose for its COVID-19 vaccine as purchases move to the private sector from the government. "There are different customers negotiating different prices right now, which is why it's a little bit complicated," the company's president Stephen Hoge said in an interview ahead of a Congressional hearing run by Democratic U.S. Senator Bernie Sanders on Moderna's pricing plans. EU Co  ( 50 min )
    Tempted to Buy Banks? Don't Catch a Falling Piano
    How can we place an accurate value on any individual financial institution right now?  ( 11 min )
    AT&T Stock Getting Closer To Key Technical Benchmark
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    'Invite me to your funeral': Jim Cramer makes a bold call on the Nasdaq — and even billionaire Elon Musk had to respond. Here are 3 ways to bet on that conviction
    Mad Money or a mad call?  ( 48 min )
    Insiders pour millions into these 2 stocks — this is what makes them attractive buys
    After January’s stock rally, the story in the markets for the past two months has been volatility. Stocks were on a seesaw even before the recent SVB crash, and the banking woes of the last two weeks have simply exacerbated the up and down swings. The increased uncertainty in the market conditions has put a premium on data analysis, the ability to collect and decipher the mass of information generated by Wall Street’s aggregated trading activity. Fortunately, there are already experts out there  ( 50 min )
    Shares of First Republic Bank Rebound on Bailout Talks
    First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 11 min )
    On Holding Q4 Revenue Nearly Doubles, Sprints Into New Consumer Groups
    On Holding AG (NYSE: ONON) reported fourth-quarter FY22 sales growth of 91.9% year-on-year to CHF 366.8 million. Net sales through the direct-to-consumer (DTC) sales channel increased 76.4% to CHF 149.4 million. Net sales through the wholesale sales channel increased 104.3% to CHF 217.3 million. Gross profit for the quarter gained 91.9% to CHF 214.6 million with a margin of 58.5%. Adjusted diluted EPS for Class A shares increased to CHF 0.02 from CHF (0.04) in the prior year. Adjusted EBITDA jum  ( 46 min )
    Gold: Money from banking system 'absolutely did move away into gold,' says strategist
    Gold bugs have been waiting for this moment. The precious metal has been on an upward trend amid still-too-hot inflation, a banking crisis, and expectations of a 25 basis point rate hike (or none at all) — at the next Fed meeting.  ( 47 min )
    SVB’s Greg Becker Was Silicon Valley’s Money Man for 30 Years, Until Suddenly He Wasn’t
    (Bloomberg) -- Early on March 9, as SVB Financial Group’s stock began its death spiral, Chief Executive Officer Greg Becker picked up the phone.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant VentureJPMorgan Sees Increasing Chances of ‘Minsky Moment’Becker started contacting friends, hopi  ( 51 min )
    Alecta’s Losses Hit $2 Billion After First Republic Sale
    (Bloomberg) -- Sweden’s biggest pension fund, Alecta, is facing losses of almost $2 billion as a result of a failed investment strategy that made it one of the biggest shareholders in two collapsed US banks and another that’s been caught up in the crisis.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in Ch  ( 48 min )
    After Signature Bank Deal, FDIC Is Left With $11 Billion in ‘Toxic Waste’ Loans
    (Bloomberg) -- Signature Bank’s partial takeover by a competitor is notable for what it doesn’t include: $11 billion of loans against a class of New York City apartments whose values have tumbled in recent years.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant VentureJPMorgan Sees Increasi  ( 49 min )
    Bank Stocks: First Republic Leads Five Banks Rising Tuesday
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    Tesla Stock Brushes Off SVB Financial Crash As China Deliveries Ramp Up
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    Ford Is Lifting the Veil on Its EV Business This Week
    Ford unveils its new financial reporting segmentation on Thursday morning. It's a rare look into the economics of a traditional auto maker's EV business.  ( 23 min )
    Berkshire Adds a Provision for Directors: Buy the Stock
    Warren Buffett's company doesn't see diversity as a critical component of board selection. Now it wants directors to invest in Berkshire shares.  ( 23 min )
    Nike Gained Momentum This Quarter. Earnings Will Reflect That.
    The athletics retailer is poised to beat expectations when it reports earnings after the close Tuesday, analysts predict.  ( 23 min )
    EUR/USD Forecast – Euro Rallies Towards Resistance
    The Euro has rallied significantly during the trading session on Tuesday to reach the 1.08 region, an area of significant resistance.  ( 47 min )
    How the Five-Year Rule Affects Roth 401(k)s & Roth IRAs
    Saving through a Roth 401(k) can help you grow a nest egg that you can then tap into in retirement without having to pay taxes. If you leave your job or you're ready to retire, you may be wondering what … Continue reading → The post How to Roll Over a Roth 401(k) to a Roth IRA appeared first on SmartAsset Blog.  ( 49 min )
    Is My Spouse Entitled to My Pension in a Divorce?
    A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 49 min )
    China EV Stocks Rise Despite Latest Warning Sign; XPEV Stock Pops
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    Dow Jones Futures Rally After Yellen Comments; Fed Meeting To Start; First Republic Rebounds
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    Greene Concepts Secures New Retail Distribution to Five Hundred Grocery Stores
    McapMediaWire -- Greene Concepts, Inc. (OTC: INKW) is pleased to announce it has finalized a retail and distribution agreement with Merchants Distributors (MDI) and Lowes Foods. Both entities will ...  ( 49 min )
    Tencent Music Entertainment Beats Q4 Topline; Expands Margins; Expects Online Music Revenue To Beat Social Entertainment
    Tencent Music Entertainment Group (NYSE: TME) reported a fourth-quarter revenue decline of 2.4% year-over-year to $1.08 billion (RMB 7.43 billion), beating the consensus of $1.07 billion. Online music service revenues grew by 23.6% Y/Y. Revenues from music subscriptions were RMB2.35 billion ($341 million), an increase of 20.6% Y/Y. Online music paying users increased by 16.1% Y/Y to 88.5 million. Revenues from social entertainment services and others decreased by 18.2% Y/Y to RMB3.87 billion ($5  ( 47 min )
    JPMorgan is the unlucky owner of the fake nickel uncovered by the London Metal Exchange—really just bags of rocks
    It's the second scandal involving fake nickel in as many months.  ( 48 min )
    Federal Reserve 'between a rock and a hard place' as interest rate decision looms
    The Fed's two-day policy meeting kicks off Tuesday with the central bank perhaps facing the most uncertain landscape in recent memory as rising interest rates stand in tension with a banking crisis that threatens economic growth.  ( 51 min )
    Elon Musk Has a Bold Idea to End the Banking Crisis
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    Crypto and Coinbase Bull Run Call. Stock Price Seen Tripling.
    Bitcoin is up almost 70% this year and could keep going, says one analyst—a trend that could push Coinbase stock back above levels not seen in 12 months.  ( 23 min )
    Apple has avoided mass layoffs thanks to 3 prudent business moves
    Apple’s frugal approach to talent acquisition has helped it avoid major layoffs.  ( 47 min )
    Stocks Higher, Deposit Guarantees, Nvidia AI, Tesla Upgrade, Nike Earnings - Five Things To Know
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    Suze Orman 'was so upset, honest to God’ when the government made it easier to tap your 401(k) in a time of need — she has one big reason why you should never borrow from your retirement
    There's a much bigger cost to it than you might think.  ( 50 min )
    JPMorgan Says Buy These 2 High-Yield Dividend Stocks — Including One With a 9% Yield
    Bank runs and extreme market volatility – are the shades of 1929 upon us? Probably not, the current situation, while dangerous, is unlikely to trigger an economy-wide depression. The real test, at least according to David Kelly, JPMorgan’s chief global strategist for asset management, will come on Wednesday, at the Federal Reserve’s next interest rate policy meeting. The central bank will have to determine which risk is more urgent, persistent high inflation or a bank crisis, and adjust its rece  ( 50 min )
    Tesla Is Outpacing Rivals in Europe. Price Cuts Are Paying Off.
    The electric-vehicle maker's annual growth in EU registrations of nearly 50% outstripped that of industry peers such as Volkswagen.  ( 23 min )
    UBS Most Reliant on AT1 Bonds Wiped Out in Credit Suisse Deal
    (Bloomberg) -- UBS Group AG is more reliant for its capital on the type of risky bonds that were wiped out in the Credit Suisse Group AG takeover than any other major lender in Europe.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisUS Studies Ways to Insure All Bank Deposits If Crisis GrowsMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealJPMorgan Owned the LME ‘Nickel’ That Was A  ( 48 min )
    First Republic Rebounds From Record Low With Aid Plan in Focus
    (Bloomberg) -- First Republic Bank shares rallied in US premarket trading after falling to a record low Monday, as investors ponder what’s next for the struggling midsize lender following an offer of help from JPMorgan Chase & Co.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndUS Studies Ways to Guarantee All Bank Deposits If Crisi  ( 47 min )
    These Stocks Are Moving the Most Today: Tesla, Meta, First Republic, Nvidia, GameStop, and More
    First Republic Bank is rising after shares of the regional lender lost nearly half their value and sank to a new low on Monday, while Tesla's debt rating is upgraded to investment-grade status by Moody's.  ( 24 min )
    Fund Managers’ Biggest Fear Is Now a Systemic Credit Crunch
    (Bloomberg) -- A systemic credit event has replaced stubborn inflation as the key risk to markets for increasingly pessimistic investors, according to Bank of America Corp.’s latest global survey of fund managers.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndUS Studies Ways to Guarantee All Bank Deposits If Crisis ExpandsThe 11 D  ( 47 min )
    First Republic Stock Fights Back as Jamie Dimon Leads Rescue Talks
    The bank's shares are fighting back, but are still close to 90% down in March.  ( 23 min )
    Jamie Dimon regretted saving Bear Stearns and Washington Mutual in 2008. Now the JPMorgan CEO is leading an attempt to rescue another flailing bank
    JPMorgan's 2008 rescues ended up costing the bank $19 billion.  ( 48 min )
    Ford Is Changing How It Reports Its Finances. Tesla Is In Its Sights.
    Ford unveils its new financial reporting segmentation on Thursday morning. It's a rare look into the economics of a traditional auto maker's EV business.  ( 23 min )
    Berkshire Emphasizes Stock Ownership Not Diversity for its Board of Directors
    Warren Buffett's company doesn't see diversity as a critical component of board selection. Now it wants directors to invest in Berkshire shares.  ( 23 min )
    Vanguard Plans to Shutter Business in China, Exit Ant JV
    (Bloomberg) -- Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 trillion yuan ($3.9 trillion) fund market that global competitors are embracing.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s Fate Was Sealed by Regulators Days Befor  ( 49 min )
    Biggest Fear for Trillion-Dollar Managers Is Missing Next Rally
    (Bloomberg) -- Some of the world’s biggest investors are looking beyond interest-rate hikes, bank failures and the threat of recession to one of the greatest fears of all money managers — missing out on the next big rally.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueCredi  ( 50 min )
  • Open

    Nog steeds minder mensen in het openbaar vervoer dan voor corona
    We reizen nog steeds minder met het openbaar vervoer dan voor corona. In 2022 werd er 966 miljoen keer ingecheckt in het ov. Dat is bijna 30 procent minder dan in 2019, het laatste jaar voor de pandemie.  ( 3 min )
    Huizenprijzen dalen voor het eerst sinds 2014 in vergelijking met jaar eerder
    De prijzen van koopwoningen zijn vorige maand gedaald vergeleken met februari vorig jaar. Het is volgens statistiekbureau CBS voor het eerst sinds 2014 dat de huizenprijzen weer dalen ten opzichte van dezelfde maand een jaar eerder.  ( 4 min )
    Horeca, winkeliers en uitvaartondernemers melden zich voor energiesteun
    Op de eerste dag dat bedrijven die veel energie verbruiken een tegemoetkoming kunnen aanvragen, hebben honderden ondernemers dat direct gedaan. In totaal 364 bedrijven uit vooral de horeca, sport en recreatie, landbouw en detailhandel hebben zich gemeld.  ( 3 min )
    Nederlands kabinet gaat gebruik van TikTok op overheidstelefoons verbieden
    Het kabinet raadt rijksambtenaren per direct af om apps uit landen als China en Rusland te gebruiken op hun werktelefoon. De populaire, maar omstreden app TikTok krijgt dus een negatief advies. Nederland volgt hiermee het voorbeeld van steeds meer overheden. Op termijn volgt een compleet verbod.  ( 5 min )
    Onverwachte inspecties bij Red Bull vanwege mogelijke prijsafspraken
    De Europese Commissie heeft maandag onaangekondigde inspecties uitgevoerd bij Red Bull. Brussel verdenkt de energiedrankfabrikant, die in meerdere landen van de Europese Unie actief is, van het manipuleren van de markt.  ( 3 min )
    Klanten failliet Scotch & Soda krijgen geen geld meer terug bij retourneren
    Klanten van het failliete Scotch & Soda die bestelde kleding willen retourneren, kunnen hun geld niet meer terugkrijgen. Ze kunnen de kleding alleen ruilen voor een ander artikel, laat het kledingbedrijf weten. Ook kunnen klanten de kleding niet meer terugsturen, maar alleen in de winkel langsbrengen.  ( 4 min )
    Plopsaland-bestuurder ontslagen na berichten over grensoverschrijdend gedrag
    De topman van de Belgische pretparken van Plopsaland, Steve Van den Kerkhof, moet vertrekken na berichten over grensoverschrijdend gedrag op de werkvloer. Dat heeft Studio 100, eigenaar van de Plopsa-groep, dinsdag bevestigd. Ook een andere manager moet vertrekken.  ( 3 min )
    Waterschapsbelasting gaat omhoog door maatregelen tegen klimaatschade
    De 21 waterschappen in Nederland gaan de komende jaren fors investeren om de gevolgen van klimaatverandering te beperken. Om dat te kunnen betalen, gaat de waterschapsbelasting per huishouden omhoog.  ( 3 min )
    NU+ | Zwitserse bankenpaniek nog niet overgeslagen op Nederland
    De overname van het noodlijdende Credit Suisse door UBS lijkt markten wat tot rust te hebben gebracht. Zo bleven de verliezen op aandelenmarkten maandag beperkt en zijn er geen aanwijzingen dat klanten geen vertrouwen meer hebben in hun bank en hun geld weghalen.  ( 4 min )
    Gesleep met kinderen naar verschillende crèches kan hechting verstoren
    Ouders moeten hun kind steeds vaker naar verschillende crèches brengen. Door personeelstekorten is er niet meer altijd genoeg dagen plek op één locatie. Belangenorganisaties waarschuwen dat "het gesleep met kinderen" slecht kan zijn voor de hechting van jonge kinderen.  ( 5 min )
    Bedrijven kunnen vanaf vandaag tegemoetkoming in energiekosten aanvragen
    Ondernemingen die veel gas en elektriciteit verbruiken kunnen vanaf vandaag een tegemoetkoming in de energiekosten aanvragen. Het loket van de overheid voor de Tegemoetkoming Energiekosten (TEK) gaat om 9.00 uur open.  ( 3 min )
    Online geven we meer uit aan reizen en tickets voor evenementen
    Online gaven we vorig jaar 33,3 miljard euro uit en dat is een stijging van 9 procent ten opzichte van 2021. Er werd vooral meer besteed aan reizen en tickets voor attracties en evenementen.  ( 3 min )
    NU+ | Redding Credit Suisse lijkt financiële zenuwen te kalmeren
    De overname van het noodlijdende Credit Suisse door UBS lijkt markten wat tot rust te hebben gebracht. Zo bleven de verliezen op aandelenmarkten maandag beperkt en zijn er geen aanwijzingen dat klanten geen vertrouwen meer hebben in hun bank en hun geld weghalen.  ( 4 min )
    KLM en kabinet ruziën in rechtszaal over krimp Schiphol
    KLM en een aantal andere vliegmaatschappijen willen dinsdag via de rechter voorkomen dat Schiphol moet krimpen. Het kabinet wil het aantal vluchten op de luchthaven met 8 procent verlagen om schadelijke uitstoot en herrie te verminderen. Maar luchtvaartbedrijven zien niets in de krimp. Ze vrezen omzetverlies en wijzen op andere oplossingen.  ( 5 min )
    Kind moet vaker naar meerdere crèches tegelijk: kan slecht zijn voor hechting
    Ouders moeten hun kind steeds vaker naar verschillende crèches brengen. Door personeelstekorten is er niet meer altijd genoeg dagen plek op één locatie. Belangenorganisaties waarschuwen dat "het gesleep met kinderen" slecht kan zijn voor de hechting van jonge kinderen.  ( 5 min )
  • Open

    Markets Gain as Bank Concerns Ease
    U.S. equities advanced as moves to prop up struggling banks boosted optimism about the sector.  ( 1 min )
    5 Things to Know Before Markets Open
    News of the day for March 20, 2023  ( 1 min )
  • Open

    First Republic Stock Slumps Anew on S&P Debt Downgrade
    First Republic Bank shares slid further after Standard & Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 1 min )

  • Open

    First Republic Might Not Need Government Aid. That Won’t Protect Stockholders.
    First Republic stock is down more than 60% since a consortium of banks moved to shore up its liquidity by depositing $30 billion.  ( 24 min )
    Tesla Finally Exits Junk-Rated World After Moody’s Upgrade
    (Bloomberg) -- Elon Musk-loving stock traders are famously bullish on Tesla Inc., the eighth most-valued company in the world. Now credit-rating providers, playing catch-up, are giving heft to the automaker’s blue-chip valuation.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse Resc  ( 48 min )
    California’s Newsom Scores Win in Bid to Curb Oil Profits
    (Bloomberg) -- Governor Gavin Newsom struck a deal Monday with legislative leaders on a proposal to limit how much profit oil companies can make in California and establish a watchdog to monitor gasoline prices.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueCredit Suisse’s  ( 47 min )
    Stanley Black & Decker to Close Texas, South Carolina Plants
    The tool maker said it is relocating some operations to Tennessee facilities as the company revamps its manufacturing and distribution network.  ( 25 min )
    Credit Suisse Collapse Burns Saudi Investors
    Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.  ( 29 min )
    Is My IRA Protected in a Bankruptcy?
    Learn which types of IRA accounts are protected from creditors in a bankruptcy, and to what dollar value each type of IRA is protected.  ( 17 min )
    S&P 500 Losers: First Republic Crashes; Dow Giant Microsoft Slides
    No content preview
    Federal Reserve Rate Hike Odds Grow As Bank-Crisis Fears Ebb; S&P 500 Rises
    No content preview
    JPMorgan’s Kolanovic Sees Increasing Chances of ‘Minsky Moment’
    (Bloomberg) -- Bank failures, market turmoil and ongoing economic uncertainty as central banks battle high inflation have increased the chances of a “Minsky moment,” according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndStocks St  ( 47 min )
    Costco Shares Interesting Membership News
    No content preview
    Vanguard Says Don't Give Up on the 60/40 Portfolio
    Of all the choices an investor has to make, asset allocation could be the most important. Deciding how to split up the money you invest among different asset classes requires clarity of purpose and an understanding of each category's advantages … Continue reading → The post Vanguard Says Don't Give Up on the 60/40 Portfolio appeared first on SmartAsset Blog.  ( 47 min )
    Dollar General Is Making a $100 Million Bet Customers Will Love
    No content preview
    Nikola Stock Hits New Low. The Reason Is a Surprise.
    Doubts raised as a result of a Delaware Court of Chancery decision regarding another company seem to be behind the EV stock's slide.  ( 23 min )
    ‘This is going to be pretty bumpy going forward’: First Republic stock shares plunge almost 50% as people move their money despite $30 billion bailout
    Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.  ( 48 min )
    Warren Buffett Offers Safety During New Bank Scare
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    Dow Jones Rallies As Powell Looms; Donald Trump Stock Surges Amid Legal Drama
    No content preview
    2 Things That Will Have Rivian Stock Acting Like Meta Shares
    Based on how Rivian stock is trading, investors have given up on the electric truck maker. It may need a change in spending philosophy.  ( 23 min )
    Dow Jones Leader Microsoft Breaks Out Past New Buy Point; 2 Other Top Stocks To Watch
    No content preview
    US firm agrees to sell 24 mini nuclear reactors to UK customers
    A US-based developer of small nuclear reactors has signed a deal to sell 24 of its power plants to UK customers, putting pressure on rival makers including Rolls-Royce.  ( 48 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 17 min )
    The 11 Days of Turmoil That Brought Down Four Banks And Left a Fifth Teetering
    (Bloomberg) -- The speed with which four banks collapsed — and one continues to struggle — has left investors reeling. While the failures came in the span of just 11 days, the scenarios that brought them down were each unique.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndS  ( 49 min )
    AMD and Intel Have More Upside on Rebound of PC Sales, Analyst Predicts
    Srini Pajjuri, of Raymond James, raised his price targets for both major chip makers.  ( 23 min )
    What Biden's ESG Bill Veto Means For Your Retirement
    President Biden vetoed a Republican attempt to strike down the DOL's new ESG rule Monday, which allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors when making investments.  ( 13 min )
    Is First Republic Bank the Next Domino to Fall?
    No content preview
    Chevron, Energy Stocks Advance As Russian Oil Finds Home In China
    No content preview
    Credit Suisse’s Collapse Reveals Some Ugly Truths About Switzerland for Investors
    (Bloomberg) -- For decades, Switzerland has sold itself as a haven of legal certainty for bond and equity investors. The collapse of Credit Suisse Group AG revealed some unpleasant home truths. In the race to secure UBS Group AG’s purchase of its smaller rival over the weekend, the government invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights. Then bondholders discovered that $17 billion worth of so-called  ( 49 min )
    First Republic Plunges to Record Low on Concern More Help Needed
    (Bloomberg) -- First Republic Bank slid to an all-time low after S&P Global lowered the lender’s credit rating for the second time in a week and the Wall Street Journal reported that executives from major banks were discussing fresh stabilization efforts.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank St  ( 47 min )
    Amazon to lay off another 9,000 employees
    This time the job cuts will hit Amazon's highly profitable cloud division.  ( 15 min )
    AWS takes a hit in latest round of Amazon layoffs
    When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers, instead referring to Jassy's memo to employees that was published this morning as the gist of its statement.  ( 47 min )
    Billionaire investor Leon Cooperman sees a ‘self-induced’ crisis and a stock picker’s market. Here’s what he’s buying.
    Hedge-fund manager Leon Cooperman said the current financial crisis isn't much of surprise. He divulged some sectors and one stock that he's buying now.  ( 26 min )
    Tech stocks back as a safe-haven trade as banking crisis unfolds: Analyst
    The tech trade comes back.  ( 46 min )
    JPMorgan CEO Jamie Dimon raising more support for First Republic: WSJ
    JPMorgan Chase & Co. CEO Jamie Dimon is working to raise additional capital for First Republic Bank The Wall Street Journal reported at midday. Citing...  ( 23 min )
    Carnival’s stock leaps after analyst urges investors to buy ahead of earnings report
    Carnival's stock surges after Deutsche Bank makes a short-term "catalyst call" to buy ahead of the cruise operator's earnings report.  ( 25 min )
    Finance YouTubers who promoted FTX have now been handed a $1billion lawsuit
    The suit follows similar action against celebrity endorsers of FTX like Tom Brady and Madonna.  ( 48 min )
    Jamie Dimon Leading Efforts to Craft New First Republic Bank Rescue Plan
    The JPMorgan Chase chief executive is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank.  ( 27 min )
    Bank turmoil could bring 'vicious' end to bear market, Morgan Stanley says
    Morgan Stanley economist Michael Wilson said the recent banking-sector crisis is likely to bring an "early and painful" stages of exiting the bear market.  ( 48 min )
    Credit Suisse's $17B Of AT1 Debt Written Down To Zero, Richard Branson's Virgin Orbit Plans Insolvency, Court Freezes Volkswagen's Russian Assets: Today's Top Stories
    Reuters Credit Suisse Bondholders Enraged As $17B Of AT1 Debt To Be Written Down To Zero: What It Means Credit Suisse Group AG (NYSE: CS) said 16 billion Swiss francs ($17.24 billion) of its additional tier 1 (AT1) debt, a type of bond, will be written down to zero on the orders of the Swiss regulator FINMA as part of its rescue merger with UBS Group AG (NYSE: UBS). The decision by the Swiss regulator would mean AT1 bondholders may be left with nothing while shareholders, who sit below bonds in  ( 50 min )
    Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — don't sleep on these 3 stock picks if you agree
    Invest in what matters to you.  ( 49 min )
    Amazon to Cut 9,000 More Jobs, Including at AWS and Twitch
    (Bloomberg) -- Amazon.com Inc. is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndStocks Stage Relief Rally as Banking Jitters Ease: Markets WrapC  ( 48 min )
    Is Silver the Next Gamestop? How Retail Investors Challenged Wall Street Giants Again
    In the wake of unprecedented short squeezes involving stocks like GameStop and AMC in early 2021, a group of retail investors from the Reddit forum r/WallStreetBets (and the spinoff called r/WallStreetSilver) set their sights on the silver market, attempting to challenge Wall Street giants with a so-called "silver short squeeze." The silver short squeeze movement was sparked on the r/WallStreetBets forum, where users urged each other to buy silver and silver-related assets to drive up prices and  ( 47 min )
    Investors face 3 big questions as a rolling banking crisis shakes markets
    As concerns over a looming banking crisis weigh on the minds of investors, one economist says the ultimate outcome will depend on three major questions.  ( 48 min )
    'Crash and crisis just starting': Robert Kiyosaki just blasted the US central bank, calls The Fed both the 'fireman and the arson' — here are 3 assets he likes for shockproofing
    Prepare. The author sees more pain ahead.  ( 48 min )
    The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?
    The Federal Reserve will either pause interest rates or hike rates by 25 basis points at its meeting Wednesday. Here are the pros and cons of each move.  ( 25 min )
    Fed’s $8.6 Trillion Balance Sheet a Focus as Banks Seek Cash
    (Bloomberg) -- For all the focus on whether the Federal Reserve is about to pause its interest-rate hikes, there’s another critical policy decision sure to draw plenty of attention come Wednesday: What the central bank does with its massive pile of bond holdings.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says  ( 50 min )
    Is Verizon A Buy Or Sell As Wait For 5G Boost Drags On?
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    Elon Musk Warns the Banking Crisis May Lead to Something Bigger
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    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90% Upside Potential
    While electric vehicles (EVs) are getting the headlines in the automotive industry, there are two other trends that will reward closer investor attention. These are driver assistance and autonomous vehicles. These are based on similar technologies – advanced sensor systems, machine learning and AI, and interactive interfaces for the human operator – but they fill different roles. For investors, however, these technologies will offer a realm of opportunities where the rubber meets the road. The a  ( 49 min )
    Why The Palantir Stock Rally Fizzled But Could Catch Fire Again
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    Why PDD Holdings Shares Are Plunging Today
    https://cdn.benzinga.com/files/images/story/2023/03/20/pdd.png?optimize=medium&dpr=2&auto=webp&crop=1200%2C800 PDD Holdings Inc. (NASDAQ: PDD), which owns and operates a portfolio of businesses, including Pinduoduo and Temu, reported fourth-quarter FY22 sales growth of 46% year-on-year to $5.77 billion, missing the consensus of $5.95 billion. Revenues from online marketing services and others rose 38% Y/Y to $4.489 billion. Revenues from transaction services jumped 86% Y/Y to $1.275 billion. Rev  ( 46 min )
    Bank Crisis: UBS Buys Credit Suisse; U.S. Bank Upgraded, PacWest, N.Y. Community Bank Rally
    No content preview
    How to Trade AMD Stock Right Now
    There's an ideal level to buy.  ( 10 min )
    Dow Jones Rallies 300 Points As UBS Buys Credit Suisse; First Republic Plunges 20% On Credit Downgrade
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    Anger and tears from shocked Credit Suisse staff after historic UBS takeover
    For Credit Suisse's 50,000 employees, many questions remain.  ( 27 min )
    Row breaks out between Brussels and the Swiss over Credit Suisse rescue deal
    The Bank of England and Brussels have turned on Swiss officials for wiping out Credit Suisse debt investors in an emergency rescue deal, amid fears the move could spread fear throughout the banking sector.  ( 50 min )
    Bed Bath & Beyond stock falls below $1 after retailer calls for shareholder approval of reverse stock split
    Bed Bath & Beyond Inc.'s stock tumbled after the struggling retailer said it planned to ask shareholders to vote on a reverse stock split.  ( 25 min )
    Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This
    Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.  ( 50 min )
    Enphase Stock Gains as Analyst Tries to ‘Catch a Falling Knife’ in Solar Power
    Raymond James analyst Pavel Molchanov said he was turning positive on the maker of solar inverters for the first time since 2013.  ( 23 min )
    'Meltdown to zero': Kevin O'Leary says there's a 100% chance of another crypto debacle — and that it will happen 'over and over and over again.' Here's what he likes instead
    Is Mr. Wonderful bailing on crypto? Not quite.  ( 49 min )
    Foot Locker Q4 Beats Expectations as Retailer Unveils New Strategy Under CEO Mary Dillon
    Foot Locker will unveil long-term growth initiatives and financial targets at its investor day presentation.  ( 47 min )
    NYCB’s sweetheart deal with the FDIC may take a dividend cut off the table
    New York Community Bancorp's shares soared after the company agreed to buy deposits and loans from the failed Signature Bank of New York.  ( 26 min )
    Dow Jones Futures Fall: Markets Still Fragile After Credit Suisse Deal; First Republic Dives
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    New York Community Bank shares surge and Foot Locker’s stock gains, but First Republic’s stock hit by S&P downgrade
    NYCB stock benefits from news it is snapping up some assets of failed Signature Bank.  ( 24 min )
    Oil prices resume fall after biggest weekly drop of 2023
    Oil futures remain under pressure, failing to find support after UBS's takeover of Credit Suisse.  ( 24 min )
    Electric Bus Maker Proterra Fixes Debt Issue. The Stock Is Up.
    Proterra announced key amendments to the credit agreement related to its convertible debt.  ( 23 min )
    Analysts Warn Investors To Dump 10 Big Stocks Before It's Too Late
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    Wedbush upgrades NY Community Bancorp on ‘sweetheart deal’ for Signature Bank assets
    Wedbush on Monday upgraded New York Community Bancorp Inc. to outperform from neutral based on its expected earnings boost from its acquisition of Signature...  ( 23 min )
    Stock market news today: Stock futures waver after UBS buys Credit Suisse
    U.S. stock futures wavered ahead of the open on Monday morning following UBS’ deal to buy smaller rival Credit Suisse, in a bid to avoid further market-shaking turmoil in global banking.  ( 49 min )
    Bitcoin rises past US$28,000, most other top 10 cryptos gain
    Bitcoin traded above US$28,000 on Monday afternoon in Asia, a gain of 25% over last week, as a banking crisis in the U.S. and Europe prompted traders to see Bitcoin as a safe haven.  ( 47 min )
    First Republic set to open at an all-time low as U.S. banks get little or no lift from UBS-Credit Suisse tie-up
    First Republic continues slide as U.S. banks fall. UBS and Credit Suisse weigh on banks after megadeal, while analyst ponders fate of bank deposits.  ( 25 min )
    This Bank Is Buying Signature Bank Assets. Its Stock Is Soaring.
    The move comes one week after the New York bank was shut down by regulators.  ( 24 min )
    Bank Crisis Survivors Remember How Fast the Dominoes Can Fall
    (Bloomberg) -- Steve Chiavarone doesn’t want to scare anyone, but what he remembers most from the last banking crisis was how sure most people were that it wouldn’t happen.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion Offer  ( 52 min )
    First Republic stock tumbles toward a record low after S&P slashes credit rating by another 3 notches
    Shares of First Republic Bank tumbled 14.6% toward a record low Monday, after the troubled bank had its credit rating slashed deeper into junk territory over...  ( 23 min )
    What Wall Street is saying about UBS buying Credit Suisse
    Wall Street largely sees positive signs while digesting the historic deal.  ( 49 min )
    Bank Stocks Fall on Credit Suisse, Adding to $1 Trillion Wipeout
    (Bloomberg) -- Bank stocks slumped Monday as investors reeled from the historic takeover of Credit Suisse Group AG that will wipe out a class of bondholders, adding to this month’s $1 trillion plunge in global financial shares.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe One B  ( 50 min )
    Gold Tops $2,000 for First Time in a Year as Bank Fears Continue
    (Bloomberg) -- Gold steadied, after rising above $2,000 an ounce for the first time in a year after a deal to buy Credit Suisse Group AG failed to entirely ease fears over the global banking sector.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe One Big Winner and Many Losers of  ( 48 min )
    The ‘sandwich generation’ is racking up an average of $7,000 on their credit cards as the Americans' total balances spike to $930 billion — here are 4 ways to dig your way out of debt faster
    Consumer credit experts expect balances and interest rates to keep rising in 2023.  ( 50 min )
    These Stocks Are Moving the Most Today: Credit Suisse, UBS, First Republic, New York Community, and More
    UBS agrees to acquire rival Credit Suisse for more than $3 billion, while shares of First Republic fall sharply after the regional bank’s credit rating was cut again by S&P Global.  ( 24 min )
    The banking crisis creates two new questions for investors: Morning Brief
    A fork in the road for investors during all this banking turmoil.  ( 49 min )
    Credit Suisse opens as usual in Hong Kong after US$3.25 billion takeover by UBS, in a sign that Europe's banking rout is under control
    Credit Suisse opened for business as usual in Hong Kong on Monday, after being taken over by its Swiss rival UBS in a US$3.25 billion weekend buyout brokered by the Swiss central bank to prevent a spillover of its crisis to the global banking system. Credit Suisse has a single branch location in Hong Kong, operating under two licenses to offer a wide range of financial services in equity, bonds, derivatives and wealth management, with HK$100 billion (US$12.74 billion) of assets under management.  ( 48 min )
    Stocks Hold Up in Tumultuous Markets
    The market turmoil that fueled a surge in bond prices has hit stock indexes far more modestly, reflecting an undercurrent of investor optimism that stress in the banking sector can be contained.  ( 25 min )
    UBS agrees to buy Credit Suisse for more than US$3 billion as contagion fears grow
    UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs (US$3.23 billion) in stock and agreed to assume up to 5 billion Swiss francs (US$5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The deal includes 100 billion Swiss francs (US$108 billion) in liquidity help for UBS and Credit Suisse from the Swiss central bank. To enable UBS to take over Credit Suisse, the federal government is providing  ( 51 min )
    First Republic Set to Extend Record Loss as S&P Downgrades Again
    (Bloomberg) -- First Republic Bank was poised to extend last week’s record loss as the US lender’s shares plunged after S&P Global Inc. cut its credit rating again and the emergency sale of Credit Suisse Group AG to UBS Group AG failed to assuage fears over the banking system’s health.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suiss  ( 48 min )
    How the new electric vehicle tax credit rules are affecting automakers’ sales
    New data show the rules governing the electric car tax credits have boosted some automakers and hurt others.  ( 24 min )
    These Four Lithium Stocks Have Investors Charged Up (BGADF, LTHM, ALB, LAC)
    As the world transitions towards renewable energy and electric transportation, the demand for lithium, a key component in rechargeable batteries, is reaching unprecedented heights. In fact, the mar...  ( 50 min )
    Credit Suisse shares slump by two-thirds after UBS deal
    Credit Suisse shares dropped as much as 65% in early trade after the Swiss bank agreed to be taken over by its rival UBS at a steep discount.  ( 23 min )
    Oil and Asian markets tumble after Credit Suisse takeover by UBS - latest updates
    Banking stocks on the FTSE 100 and oil prices have tumbled after the historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group.  ( 53 min )
    Credit Suisse Deal Hands Top Holder $1 Billion Investment Loss
    (Bloomberg) -- Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingCredit Suisse Group AG’s top shareholder has seen the value of its investment plummet by about $1 billion in a matter of months, making it one of the biggest losers  ( 48 min )
    Morgan Stanley Strategist Says Bank Stress Signals Bear Market End
    (Bloomberg) -- Morgan Stanley’s Michael Wilson said the stress in the banking system marks what’s likely to be a painful and “vicious” start of an end to the bear market in US stocks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar Fun  ( 49 min )
    Asian stocks tumble after Credit Suisse takeover
    Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a...  ( 25 min )
    Case for Fed Pause Builds After Crisis-Echoing Move on Swaps
    (Bloomberg) -- The case for the Federal Reserve to forgo an interest-rate hike strengthened in the eyes of some central bank watchers following a coordinated global move to ease growing financial strains.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Mov  ( 50 min )
    Credit Suisse Bond-Wipeout Threatens $250 Billion Market
    The deal would write down more than $17 billion of the bank’s riskiest bonds.  ( 26 min )
    UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
    Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system. Swiss authorities urged UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs ($54 billion) failed to reassure investors and the bank’s customers. Shares of Credit Suisse and other banks plunged after the failure of two banks in the U.S. raised questions about other potentially shaky global financial institutions.  ( 54 min )
    Credit Suisse’s 9,000 Job Cuts Are Foretaste of UBS Takeover
    (Bloomberg) -- Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingEven before Credit Suisse Group AG’s government-brokered takeover, the Swiss lender was in the process of cutting 9,000 jobs in an effort to save itself.That’s only  ( 50 min )
    New York Community Bank agrees to purchase failed Signature Bank
    The Federal Deposit Insurance Corporation announced a new deal for the failed Signature Bank to be purchased. The bank collapsed just days after the Silicon Valley Bank.  ( 47 min )
    New York Community Bancorp to Pursue Deal for Signature
    (Bloomberg) -- Signature Bank’s deposits and some of its loans have been taken over by a unit of New York Community Bancorp, a move that could help calm some of the turmoil that has engulfed US regional banks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Bank  ( 49 min )
    Asian stocks sink after Credit Suisse takeover
    Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes. Hong Kong, Tokyo and Sydney declined. Swiss authorities on Sunday announced UBS would acquire its smaller rival as regulators try to ease fears about banks following the collapse of two U.S. lenders.  ( 51 min )
    Oil Spread Slumps Most Since January in Latest Sign of Weakness
    (Bloomberg) -- A key barometer of oil market health has slumped as strikes in France worsened sentiment amid turmoil in the banking sector.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingBrent’s nearest timespread — a measure o  ( 48 min )
    HSBC Shares Tumble in Hong Kong on Risky Bond Exposure Concerns
    (Bloomberg) -- HSBC Holdings Plc led declines among financial stocks listed in Hong Kong as worries over risky bond exposures related to Credit Suisse Group AG spurred further risk-off sentiment.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boos  ( 47 min )
    Bitcoin leads crypto rally as central banks promise liquidity to stem rising bank risk
    Bitcoin briefly breached US$28,000 at the weekend in a bullish run extending into Monday morning in Asia amid worries about bank risk.  ( 48 min )
    US Banks on ‘Bumpy’ Path as First Republic’s Troubles Deepen
    (Bloomberg) -- Just weeks ago, they were bit players in the giant US banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed  ( 51 min )
    Riskiest Bonds for Some Asian Banks Fall by Record on Credit Suisse Deal
    (Bloomberg) -- Some Asian banks’ additional tier 1 bonds fell by a record Monday morning, after a Swiss regulator said $17 billion of such AT1s from Credit Suisse Group AG will be wiped out.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dol  ( 48 min )
    Corrections & Amplifications
    Corrections & Amplifications for the edition of March 20, 2023.  ( 23 min )
    Treasuries Drop After Credit Suisse Deal, Central Bank Support
    (Bloomberg) -- Treasuries declined as the rescue of Credit Suisse Group AG and an offer of dollar liquidity damped demand for haven assets after a week-long rout in banking shares.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar Fundin  ( 48 min )
    Wipeout of Risky Credit Suisse Bonds Upends $275 Billion Market
    (Bloomberg) -- Among the biggest losers in the shotgun sale of Credit Suisse Group AG are investors in the firm’s riskiest bonds, known as AT1s, worth $17 billion. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingThese money man  ( 51 min )
    Signature Bank's Assets Sold To New York Community Bancorp's Flagstar Bank
    Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 12 min )
    Investors Say Banking Crisis Far From Over Even After UBS’s Credit Suisse Deal
    (Bloomberg) -- Investors and strategists say the turmoil in global financial markets still has room to run even after UBS Group AG’s agreement to take over of Credit Suisse Group AG, and the announcement of new dollar liquidity measures among central banks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against U  ( 48 min )
    Goldman Readies Claims Trading for Wiped Out Credit Suisse Debt
    (Bloomberg) -- Goldman Sachs Group Inc. traders were preparing to take bids on claims against Credit Suisse Group AG’s riskiest bonds after the takeover of the Swiss lender wiped out about 16 billion Swiss francs ($17.3 billion) of the debt.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion  ( 48 min )
    S&P Stunts First Republic Bank with More Bad News
    No content preview
    TSMC’s Container Maker is Hidden Jewel of Japan’s Chip Industry
    (Bloomberg) -- The world’s most advanced and delicately fine-tuned semiconductors wouldn’t be possible without the aid of giant steel storage tanks built by a little-known Tokyo company founded in 1927.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move  ( 50 min )
    New York Community Bank to buy failed Signature Bank
    New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday. The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiaries.  ( 47 min )
    Signature Bank Assets Sold to Subsidiary of New York Community Bancorp
    The move comes one week after the New York bank was shut down by regulators.  ( 23 min )
    Flagstar Bank to take over most of Signature Bank’s deposits, FDIC says
    Flagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.  ( 23 min )
  • Open

    New Starbucks CEO Takes Over From Howard Schultz
    New Starbucks CEO Laxman Narasimhan has taken the helm of the giant coffee retailer from Schultz almost two weeks earlier than anticipated.  ( 11 min )
    What’s the Difference Between Debt Consolidation and Debt Settlement?
    Learn the differences between negotiating a debt settlement with your existing creditors and applying for a new consolidation loan to replace them.  ( 18 min )
    Which FICO Scores Do Lenders Use?
    Lenders use different versions and types of FICO scores depending on the type of credit you're seeking and other issues.  ( 17 min )
    FICO Credit Scores Explained
    FICO credit scores help lenders gauge credit risk. Here's what FICO credit scores mean, how they're calculated, and why they matter for your finances.  ( 19 min )
    FDIC Improvement Act (FDICIA): Provisions and Protections
    The FDIC Improvement Act was passed in 1991 in response to the savings and loan crisis to improve the FDIC's role in protecting consumers.  ( 15 min )
    Top CD Rates Today, March 20
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Markets Gain as Bank Concerns Ease
    U.S. equities advanced as moves to prop up struggling banks boosted optimism about the sector.  ( 11 min )
    Revolving Credit vs. Installment Credit: What's the Difference?
    Revolving credit and installment credit are two basic types of credit. They differ in how borrowers use and repay them.  ( 16 min )
    Debt Collector: Definition, Collection Strategies, Regulations
    A debt collector tries to recover past-due debts for creditors in return for a fee.  ( 17 min )
    Is My 401(k) Socially Responsible?
    You can check if your 401(k) is socially responsible by looking at the investments that make up your portfolio. You can talk to your 401(k) provider to make changes, too.  ( 14 min )
    How to Check Your Credit Score Without Hurting It
    Your credit score can be an asset in financial situations, but only if you know where you stand. Learn how you can find your score without hurting it.  ( 16 min )
    Confirmed Letter of Credit: Definition, Example, vs. Unconfirmed
    A confirmed letter of credit is a letter of credit with a second guarantee obtained by a borrower in addition to the first letter of credit.  ( 15 min )
    Should You File for Bankruptcy?
    Before you decide to file for Chapter 7 or Chapter 13 bankruptcy, consider the alternatives and the consequences.  ( 19 min )
    How to Quantify Credit Risk
    Learn how probability of default (PD), loss given default (LGD), and exposure at default (EAD) can be used to help quantify total credit risk.  ( 15 min )
    Open-End Credit: Definition, How It Works, vs. Closed-End Credit
    Open-end credit is a loan from a financial institution to a borrower that the borrower can draw money from repeatedly up to a certain pre-approved limit. Unlike closed-end credit, it has no fixed end date for repayment.  ( 16 min )
    Will the Banking Crisis Force Fed to Pause Interest Rate Hikes?
    Policymakers at the Federal Reserve face a tough decision at their meeting this week: ratchet up its interest rate again to quell inflation, or hold it steady to avoid stressing the financial system?  ( 12 min )
    Is My IRA Protected in a Bankruptcy?
    Learn which types of IRA accounts are protected from creditors in a bankruptcy, and to what dollar value each type of IRA is protected.  ( 17 min )
    What Is Credit Scoring? Purpose, Factors, and Role In Lending
    Credit scoring generates a three-digit score that ranks a borrower's riskiness. Here's how credit scoring works and how to improve your credit score.  ( 18 min )
    Cryptocurrencies To Watch: Week of March 20
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    How to Plan for Retirement
    Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 21 min )
    Chapter 11 vs. Chapter 13 Bankruptcy
    Understand the differences between Chapter 11 and Chapter 13 bankruptcy, as well as the income and debt level requirements for both.  ( 19 min )
    Systematic Risk Definition, With Examples
    Systematic risk, also known as market risk, is the risk that is inherent to the entire market, rather than a particular stock or industry sector.  ( 16 min )
    What Is ChatGPT, and How Does It Make Money?
    ChatGPT is a chatbot capable of understanding context and providing natural, fluid dialogue responses to prompts and queries.  ( 18 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 17 min )
    First Republic Stock Slumps Anew on S&P Debt Downgrade
    First Republic Bank shares slid further after Standard & Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 11 min )
    First Republic Stock Slumps Anew on S&P Debt Downgrade
    First Republic Bank shares slid further after Standard &Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 11 min )
    What Biden's ESG Bill Veto Means For Your Retirement
    President Biden vetoed a Republican attempt to strike down the DOL's new ESG rule Monday, which allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors when making investments.  ( 12 min )
    Today's Mortgage Rates & Trends - March 20, 2023: Rates Edge Down
    Rates on 30-year loans gave up another two basis points, lowering the flagship average to its cheapest level in five weeks.  ( 12 min )
    How to File Back Taxes
    Learn how to file back taxes and limit penalties and interest charges if you missed a filing deadline or failed to pay your tax bill in full.  ( 19 min )
    Exit Strategy Definition for an Investment or Business
    An exit strategy is the method by which a venture capitalist, business owner or investor intends to get out of an investment that they are involved in or have made in the past.  ( 20 min )
    Back-End Ratio: Definition, Calculation Formula, Vs. Front End
    The back-end ratio indicates what portion of a person's monthly income goes toward paying debts. Learn how to calculate them and how they are used in lending.  ( 14 min )
    Looking at the Glass Half-Full as the Fed Meets on Rates
    Justin Wolfers, professor of public policy and economics at the University of Michigan, joins the Investopedia Express this week. Justin says the economy is in much better shape than most people think, and believes the Fed can actually hike interest rates while putting out the contagion around banks. Plus, big tech is back in the driver's seat as investors return to their old favorites in search of safety and the prospect for a pause in rate hikes.  ( 12 min )
    What Is a Soft Credit Check? Definition and How It Works
    A soft credit check, or soft inquiry, is a credit report check that does not affect an individual’s credit score. A hard pull will temporarily hurt your credit score.  ( 18 min )
    5 Things to Know Before Markets Open
    News of the day for March 20, 2023  ( 11 min )
    Implied Contract: Definition, Example, Types, and Rules
    An implied contract is a legally-binding agreement created by the actions, behavior, or circumstances of the parties involved. Written proof is not needed.  ( 16 min )
    What Is a Turnover Ratio? Definition, Significance, and Analysis
    The turnover ratio in an investment portfolio or a mutual fund is the percentage of assets that have been replaced in one year.  ( 17 min )
    Signature Bank's Assets Sold To New York Community Bancorp's Flagstar Bank
    Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 12 min )
    Autocorrelation: What It Is, How It Works, Tests
    Autocorrelation shows the degree of correlation between variables over successive time intervals.  ( 16 min )
    Top 5 Companies Owned by Twitter
    Twitter has acquired technology companies, making it one of the world's most popular social media platforms. Here are five of those companies.  ( 16 min )
  • Open

    Sri Lanka hoopt op betere tijden na miljardenlening van IMF
    Het Internationaal Monetair Fonds (IMF) heeft maandag een lening van 3 miljard dollar (ongeveer 2,7 miljard euro) voor Sri Lanka goedgekeurd. Met het geld hoopt het Aziatische land uit de ergste economische crisis sinds de onafhankelijkheid te komen.  ( 6 min )
    Kledingmerk Scotch & Soda vraagt faillissement aan voor Nederlands deel
    Het Nederlandse kledingmerk Scotch & Soda heeft een faillissement aangevraagd voor de activiteiten in ons land. De curator gaat op zoek naar een nieuwe eigenaar. Voorlopig blijven de 32 Nederlandse winkels nog gewoon open.  ( 3 min )
    Woensdag meer duidelijkheid over nieuwe cao voor streekvervoer
    De stakingen in het streekvervoer zijn voor een aantal dagen opgeschort. Twee verkenners proberen de cao-onderhandelingen weer op gang te krijgen. Woensdag moet er meer duidelijkheid komen.  ( 4 min )
    Amazon dunt personeelsbestand toch wel verder uit
    Amazon schrapt de komende tijd nog eens 9.000 banen. Het is de tweede grote ontslagronde bij het webwinkel- en techconcern. Begin dit jaar verdwenen er al 18.000 banen. De banen verdwijnen onder meer bij streamingdienst Twitch.  ( 3 min )
    Noord-Ierse unionisten stemmen woensdag tegen nieuwe Brexit-deal
    De Noord-Ierse unionistische partij DUP gaat woensdag tegen de nieuwe Brexit-deal stemmen. Het is voor het eerst dat de Noord-Ieren zich hierover uitspreken. Vanwege de handelsregels die na de Brexit zijn opgesteld, ligt de partij al tijden dwars bij de formatie van een nieuwe Noord-Ierse regering.  ( 4 min )
    Erg warme zomer leidt tot recordoogst voor Nederlandse wijnboeren
    Nederlandse wijnboeren hebben in 2022 een recordhoeveelheid druiven geoogst. Dat schrijft de Vereniging Nederlandse Wijnproducenten (VNWP) maandag. De recordoogst hangt samen met het warme weer van afgelopen zomer.  ( 3 min )
    'Nucleaire optie' van Macron maakt Franse pensioenonrust alleen maar groter
    Demonstraties en stakingen horen bij Frankrijk als stokbrood en camembert. Dit keer verzetten de Fransen zich tegen een verhoging van de pensioenleeftijd. Ondanks grote tegenstand drukte de regering Macron het pensioenplan toch door. De regering krijgt daarom vandaag te maken met twee moties van wantrouwen.  ( 8 min )
    Bitcoinkoers stijgt verder door bankenonrust: 70 procent erbij sinds begin dit jaar
    De koers van de bitcoin is maandagochtend tot boven de 28.500 dollar (zo'n 26.700 euro) gestegen. Het is de hoogste koers sinds juni vorig jaar. De digitale munt profiteert volgens analisten van de onrust in de bankenwereld, waardoor beleggers op zoek gaan naar andere investeringen.  ( 3 min )
    Gasprijs daalt tot onder de 40 euro
    De prijs van gas is op de Europese handelsmarkt is tot onder de 40 euro per megawattuur gezakt. Dat is de laagste prijs sinds augustus 2021.  ( 3 min )
    Nootjesfabrikant, bakkers en Jumbo betaalden miljoenen aan raceteam Van Eerd
    Leveranciers van groente en fruit, bakkerijen en ook een nootjesfabrikant betaalden gezamenlijk 3,8 miljoen euro sponsorgeld aan het raceteam van mede-eigenaar en voormalig Jumbo-topman Frits van Eerd. Dat schrijft het FD op basis van het jaarverslag van het bedrijf.  ( 3 min )
    Voormalige ING-topman kan aan de bak met overname Credit Suisse
    Voormalig ING-topman Ralph Hamers, die sinds 2020 aan het roer staat bij het Zwitserse UBS, kan flink aan de bak. Zijn bank neemt het door problemen geteisterde Credit Suisse over. Reorganiseren is onvermijdelijk.  ( 3 min )
    Centrale banken willen rust herstellen en bieden banken extra leningen aan
    De Europese Centrale Bank (ECB), de Federal Reserve en vier andere centrale banken bieden banken de komende tijd extra mogelijkheden om geld te lenen. Zo hebben de bedrijven voldoende geld als hun klanten meer willen opnemen in economisch onzekere tijden.  ( 3 min )
    De overheid vindt het niet fijn, maar we gaan steeds vaker aan de slag als zzp'er
    Het aantal zzp'ers in ons land is sinds het begin van de coronacrisis flink toegenomen. Een betere balans tussen werk en privé, minder werkdruk en hogere tarieven hebben ervoor gezorgd dat er momenteel ruim 1,24 miljoen zelfstandigen zijn, tegenover 1 miljoen vlak voor corona. En daar is de overheid niet zo blij mee.  ( 5 min )
    UBS neemt Credit Suisse over voor 3 miljard euro, krijgt steun van centrale bank
    De Zwitserse bank UBS heeft Credit Suisse overgenomen. De bank van de Nederlandse topman Ralph Hamers legt zo'n 3 miljard euro neer voor de noodlijdende branchegenoot. De Zwitserse centrale bank (SNB) bevestigde de deal zondagavond.  ( 4 min )
    Betere balans werk-privé en hogere tarieven: het aantal zzp'ers blijft toenemen
    Het aantal zzp'ers in ons land is sinds het begin van de coronacrisis flink toegenomen. Een betere balans tussen werk en privé, minder werkdruk en hogere tarieven hebben ervoor gezorgd dat er momenteel ruim 1,24 miljoen zelfstandigen zijn, tegenover 1 miljoen vlak voor corona. En daar is de overheid niet zo blij mee.  ( 5 min )
    Scholen én ouders hebben te weinig oog voor online kinderlokken
    Al sinds jaar en dag waarschuwen ouders hun kinderen om bij het buitenspelen niet met vreemde mensen mee te gaan. Veel ouders zijn zich er niet van bewust dat online hetzelfde risico bestaat. En scholen besteden daar lang niet altijd aandacht aan.  ( 6 min )
  • Open

    Signature Bank's Assets Sold To New York Community Bancorp's Flagstar Bank
    Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 1 min )
    UBS To Buy Credit Suisse in $2 Billion All Stock Deal
    UBS will absorb Credit Suisse in a $2 billion all stock deal brokered by the government that was pulled together to prevent the latter embattled bank from failing.  ( 1 min )

  • Open

    UBS-Credit Suisse Merger May Lead to Massive Layoffs
    No content preview
    JPMorgan’s Michele Says Credit Suisse Deal Should Stem Selloff
    (Bloomberg) -- Bob Michele, the chief investment officer of fixed income at JP Morgan Asset Management, said he’s hopeful that UBS Group AG’s deal to buy its troubled Swiss rival Credit Suisse will be enough to stave off a wider selloff in European banks this week.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back A  ( 48 min )
    The One Big Winner and Many Losers of UBS’s Credit Suisse Rescue
    (Bloomberg) -- UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferSwitzerland Weighs Full or Partial Credit Suisse N  ( 49 min )
    First Republic Bank Looms Large for U.S. Regulators After Credit Suisse Sale
    Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are seeking to reassure investors to halt a slide in financial stocks.  ( 27 min )
    After UBS buys Credit Suisse, here's where investors may focus next
    The crisis rolls right along, explains this strategist.  ( 48 min )
    US Futures Climb, Dollar Slips as Sentiment Turns: Markets Wrap
    (Bloomberg) -- A frenetic weekend in finance was met with comparatively meager moves in markets, with U.S. equity futures rising and the dollar weakening slightly against major currencies after UBS Group AG agreed to buy Credit Suisse Group and central banks moved to boost dollar liquidity.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredi  ( 49 min )
    Credit Suisse failure follows years of scandal and mistrust—with an Ohio mattress company playing a role
    “We’ve watched the bank lurch from scandal to scandal for so long that it’s hard to recall all of them at this point.”  ( 53 min )
    Holders of $17bn of Credit Suisse bonds wiped out under UBS takeover
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Fed and Global Central Banks Move to Boost Dollar Funding
    (Bloomberg) -- The Federal Reserve and five other central banks announced coordinated action on Sunday to boost liquidity in US dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse’s $17 Billion of Risky Bonds Are Now Wo  ( 47 min )
    Tom Barrack Playing Key Role in Talks to Save First Republic
    (Bloomberg) -- Colony Capital founder Tom Barrack is taking a leading role in advising First Republic Bank on its options as the lender races to avoid a collapse after a $30 billion rescue last week failed to assuage investors, according to people familiar with the matter.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Pus  ( 48 min )
    How Scandal and Mistrust Ended Credit Suisse’s 166-Year History
    (Bloomberg) -- Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferSwitzerland Weighs Full or Partial Credit Suisse NationalizationAfter tense talks over the weekend, UBS Group AG agreed to buy  ( 53 min )
    Credit Suisse’s $17 Billion of Risky Bonds Are Now Worthless
    (Bloomberg) -- Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessSwitzerland Weighs Full or Partial Credit Suisse NationalizationHolders of Credit Suisse Group AG bonds suffered a historic loss when a takeover by UBS Group AG wiped out about 16 billion Swiss francs ($17.3 billion) wort  ( 49 min )
    UBS chairman on Credit Suisse deal: We hoped this day would not come
    A shotgun marriage between two Swiss rivals.  ( 48 min )
    UBS chairman: Let's be clear, we just rescued Credit Suisse
    A shotgun marriage between two Swiss rivals.  ( 48 min )
    UBS Acquires Credit Suisse for More Than $3 Billion
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    UBS Buys Credit Suisse in All-Share Transaction
    (Bloomberg) -- UBS Group AG agreed to buy Credit Suisse Group AG in a government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets.Most Read from BloombergUBS to Buy Credit Suisse in $3.25 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferMidsize US Banks Ask FDIC to Insure Deposits for Two YearsSwitzerland Weighs Full or Partial Credit  ( 46 min )
    Nike, Chevron, Nvidia, Altria, Adobe, and More Stocks to Watch This Week
    The Federal Reserve makes a policy decision on Wednesday, as Treasury Secretary Janet Yellen testifies. Plus, the latest earnings reports and PMI data.  ( 23 min )
    First Republic to Face Second S&P Downgrade in Less Than a Week
    (Bloomberg) -- First Republic Bank will be downgraded again by S&P Global Inc., days after the ratings firm cut the lender to junk, according to people familiar with the matter.Most Read from BloombergUBS to Buy Credit Suisse in $3.25 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferMidsize US Banks Ask FDIC to Insure Deposits for Two YearsSwitzerland Weighs Full or Partial Credit Suisse Nationaliza  ( 48 min )
    Anxious Traders Map Out Strategies for Monday Market Turmoil
    (Bloomberg) -- With the fate of Credit Suisse Group AG finally decided, investors were getting ready for another gut-wrenching week of trading.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferUBS to Buy Credit Suisse in Historic Deal to End CrisisMidsize US Banks Ask FDIC to Insure Deposits for Two YearsCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksWith just hours to go before Asian mark  ( 48 min )
    Saudis, Qataris and Norway to see big losses on UBS deal for Credit Suisse
    The Saudi National Bank is nursing big losses after Credit Suisse agreed to be taken over by UBS  ( 24 min )
    Banking giant UBS is acquiring smaller rival Credit Suisse
    Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night. Credit Suisse is designated by the Financial Stability Board, an international body that monitors the global financial system, as one of the world’s globally systemic important banks.  ( 47 min )
    UBS To Buy Credit Suisse in $2 Billion All Stock Deal
    UBS will absorb Credit Suisse in a $2 billion all stock deal brokered by the government that was pulled together to prevent the latter embattled bank from failing.  ( 12 min )
    UBS to Buy Credit Suisse in Historic Deal to End Crisis
    (Bloomberg) -- UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets. Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferMidsize US Banks Ask FDIC to Insure Deposits for Two YearsCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksCredit Suisse Talks Extend Int  ( 48 min )
    The Federal Reserve must choose between inflation and market chaos
    Will policymakers raise interest rates as planned?  ( 49 min )
    UBS reportedly reaches deal to buy Credit Suisse for more than $2 billion
    Struggling Swiss banking giant Credit Suisse has reportedly agreed to be bought by its arch-rival UBS at a discount to Friday's close price, after seeing a...  ( 25 min )
    Dow Jones Futures: Credit Suisse Fate Hangs Over Divided Market Rally
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    Close to 190 banks could face Silicon Valley Bank's fate, according to a new study
    The Fed's aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.  ( 47 min )
    Blankfein Says Fed Can Stop Rate Hikes After Bank Crisis
    (Bloomberg) -- Former Goldman Sachs chief executive Lloyd Blankfein said the Federal Reserve can take a pause hiking interest rates this week as the unfolding bank crisis will effectively tighten lending standards in the economy.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Of  ( 48 min )
    Riskiest Credit Suisse Bonds Pare Gains on Nationalization Talk
    (Bloomberg) -- Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Offers to Buy Credit Suisse for up to $1 Billion: FTCredit Suisse Group AG’s riskiest bonds pared their advance on Sunday on concern that Swiss authorities may need to nationalize the bank if a deal with UBS Group AG  ( 48 min )
    Chick-fil-A Follows Starbucks In Making a Move Customers Will Hate
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    Credit Suisse Paths Narrow on Low UBS Bid, Government Aid Talks
    (Bloomberg) -- Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Offers to Buy Credit Suisse for up to $1 Billion: FTSwiss authorities are weighing unprecedented steps to force through a UBS Group AG takeover of Credit Suisse Group AG, with the risk of some form of nationalization  ( 49 min )
    Musk Wants to Eliminate the Tax Schemes of Billionaires and Millionaires
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    Fed decision, banking fallout, and Credit Suisse: What to know this week
    The Federal Reserve's latest policy decision will come Wednesday afternoon as investors have endured what have been two of the most turbulent weeks for the financial sector since the 2008 crisis.  ( 49 min )
    Bearish Bets: 3 Stocks You Should Consider Shorting This Week
    These recently downgraded names are displaying both quantitative and technical deterioration.  ( 11 min )
    El-Erian Urges 25 Basis-Point Hike Saying Fed Shouldn’t Blink
    (Bloomberg) -- Mohamed El-Erian called on the Federal Reserve to raise its main interest rate by 25 basis points at this week’s meeting and couple the move with an assurance of its commitment to financial stability.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Offers to Buy Cr  ( 47 min )
    Is it safe to buy now or is this just a 'dead cat bounce'? Morgan Stanley's stock chief says you should sell any rallies — but here are 3 stocks the big bank still likes
    Tough times aren’t over, but opportunities abound.  ( 48 min )
    Braced for Monday. Markets and investors on edge as UBS moves closer to reported $1 billion all-share deal for Credit Suisse.
    A Sunday report in the Financial Times said the offer price would be 0.25 Swiss francs a share, well below Credit Suisse's Friday closing price of 1.86 Swiss...  ( 26 min )
    UBS Offers $1 Billion to Buy Credit Suisse
    The deal—a substantial discount to Credit Suisse’s $8 billion market value as of Friday—was engineered by Swiss regulators and is designed to restore trust in the banking system.  ( 26 min )
    UBS offers to buy Credit Suisse for $1bn in race the save the bank
    UBS has offered to buy Credit Suisse for up to $1bn as Swiss officials race to save the troubled lender.  ( 48 min )
    Saudi Arabia says it's 'open' to the idea of trading in currencies besides the US dollar — does this spell doom for the greenback? 3 reasons not to worry
    Can't get rid of U.S. that easily.  ( 48 min )
    How a 44-year-old built up enough ‘f–k you money’ to retire early: ‘It’s not just avoid avocado toast’
    Charmagne Chi joined the FIRE movement two years ago to pursue her passions. Her advice: Question every financial decision.  ( 49 min )
    Here’s What Happens at the IRS After You File Your Taxes
    Refunds can come in five days—or a few months.  ( 24 min )
    Banking Crisis: Warren Buffett Is on the Phone with the Biden Administration
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    UBS to Buy Credit Suisse for $1 Billion (FT)
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    Why US regulators let banks lose billions — as long as losses are 'unrealized'
    The danger posed by paper losses on bonds is newly relevant with the failure of Silicon Valley Bank. The debate about their treatment goes back decades.  ( 50 min )
    Credit Suisse Said to Push Back Against UBS’s $1 Billion Offer
    (Bloomberg) -- Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksMidsize US Banks Ask FDIC to Insure Deposits for Two YearsTrump Calls for Protests Over Expected Arrest on NY ChargesUBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its bigges  ( 47 min )
    A small-cap fund guru explains why you need to invest in small companies: they’re the stock market’s undiscovered nuggets.
    Chuck Royce, of Royce Investment Partners, has more than 50 years of experience investing in small, lesser-known companies.  ( 28 min )
    ‘Someone needs to tell Jerome Powell that this is not a kill-at-all-costs mission.’ Cut interest rates now to prevent a full-blown banking crisis.
    A rate cut won't end the war on inflation. It just pauses the battle -- if the Fed has the guts to do it, writes Chuck Jaffe.  ( 27 min )
    US Credit Crunch Raises Risk of Fed Slamming Brakes Too Hard
    (Bloomberg) -- A banking crisis in a matter of days has emerged as a powerful new constraint on a red-hot economy that the Federal Reserve has struggled for more than a year to cool.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Offers to Buy Credit Suisse for up to $1 Billion: FTMidsize US Banks Ask FDIC to Insure Deposits for Two YearsR  ( 50 min )
    Warren Says She Favors Increasing FDIC’s Deposit Insurance Cap
    (Bloomberg) -- Senator Elizabeth Warren said she favors lifting the Federal Deposit Insurance Corp.’s standard $250,000 cap, possibly into the millions of dollars, after Silicon Valley Bank’s failure exposed risk at US regional banks. Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks Extend Into Sunday as Markets Await DealCredit Suisse’s First Boston Plan in Doubt Amid Crisis TalksUBS Offers to Buy Credit Suisse for up to $1 Billion: FTMidsiz  ( 47 min )
    ‘Enough, it’s hurting our business’: SoFi’s campaign to stop the student-loan payment pause that helps its own customers
    The financial technology company is suing the government and lobbying lawmakers to force its customers to resume making student-debt payments.  ( 33 min )
    Elon Musk Makes Damning Accusation Against  Banks
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    Mark Cuban told Bill Maher that buying gold is ‘dumb’ — and he wants bitcoin to plunge so he can buy even more. These are 3 simple ways to gain crypto exposure
    Is crypto really the new gold?  ( 48 min )
    10 most lucrative places where older Americans can sell their homes, maximize profit and retire elsewhere
    Housing profits are a major source of wealth for many in retirement.  ( 25 min )
    Signature Bank’s Quirky Mix of Customers Fueled Its Rise and Hastened Its Fall
    The New York bank juiced its growth by combining a traditional commercial real-estate business with divisions catering to customers too small or complicated for its crosstown Wall Street rivals.  ( 25 min )
    Economy Week Ahead: U.S. Interest Rates and Housing Market in Focus
    The Federal Reserve deliberates on monetary policy as it confronts high inflation and financial instability.  ( 24 min )
    Smaller Banks’ Critical Role in Economy Means Distress Raises Recession Risks
    Main Street businesses and American families are likely to find it harder to get a loan because of turmoil in the banking industry, denting economic growth.  ( 26 min )
    First Citizens emerges as possible suitor for Silicon Valley Bank
    First Citizens BancShares is reportedly weighing a possible bid for the failed Silicon Valley Bank.  ( 46 min )
    How Swiss banking went from a Rolls-Royce to a toxic mess
    Swiss banking was long regarded as the Rolls Royce of finance – a byword for discretion, exceptional service and above all, safety.  ( 49 min )
    Energy & precious metals - weekly review and outlook
    If my regular collaborator on technical charts, Sunil Kumar Dixit, is right — and I’ve no reason to doubt him — U.S. crude’s U.S. West Texas Intermediate, which settled on Friday at $66.74 per barrel, after a 15-month low at $65.27 — could go below $60 in the near-term. “If we buck the $62 level and selling intensifies, expect a drop to the major support at the 100-Month SMA of $58.90,” Dixit said, referring to the Simple Moving Average marker for WTI. There’s something else happening this week that has major ramifications not just for oil but all markets and cannot be ignored: the Federal Reserve rate decision on Wednesday.  ( 52 min )
    Silicon Valley Bank collapse concerns founders of color
    In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members. One clear theme emerged: a deep concern about the broader impact on startups led by people of color. While Wall Street struggles to contain the banking crisis after the swift demise of SVB — the nation's 16th largest bank and the biggest to fail since the 2008 financial meltdown — industry experts predict it could become even harder for people of color to secure funding or a financial home supporting their startups.  ( 51 min )
    Study finds 186 banks vulnerable to SVB-like collapse
    A Social Science Research Network study says that 186 American banks could be vulnerable to the same failure as Silicon Valley Bank (SVB) if half of their depositors withdraw money.  ( 46 min )
    UBS closing in on deal to take over struggling Credit Suisse bank: report
    The Wall Street Journal reported Saturday that UBS is nearing a deal to acquire Credit Suisse in a deal to save the bank amid a global banking crisis.  ( 48 min )
  • Open

    Eerlijke Geldwijzer geeft klimaatplannen financiële sector een dikke onvoldoende
    Nederlandse banken, verzekeraars en pensioenfondsen doen te weinig om de opwarming van de aarde tegen te gaan. Daarom geeft Eerlijke Geldwijzer al deze financiële instellingen een onvoldoende voor hun klimaatplannen. Ze moeten volgens het keurmerk duidelijkere doelen stellen en die ook al snel nastreven.  ( 6 min )
    UBS neemt Credit Suisse over voor 3 miljard euro en krijgt steun van centrale bank
    De Zwitserse bank UBS heeft Credit Suisse overgenomen. De bank van de Nederlandse topman Ralph Hamers legt zo'n 3 miljard euro neer voor de noodlijdende branchegenoot. De Zwitserse centrale bank (SNB) bevestigde de deal zondagavond.  ( 4 min )
    Centrale banken komen met extra leenmogelijkheden voor banken
    De Europese Centrale Bank (ECB), de Federal Reserve en vier andere centrale banken bieden de komende tijd extra mogelijkheden om te lenen voor banken. Zo hebben die banken voldoende geld als klanten meer geld willen opnemen in economisch onzekere tijden.  ( 3 min )
    UBS neemt Credit Suisse over voor 2 miljard en krijgt steun van centrale bank
    De Zwitserse bank UBS heeft de bank Credit Suisse overgenomen. Dat akkoord werd bereikt nadat volgens de Financial Times het bod was verhoogd tot ruim 2 miljard dollar (1,86 miljard euro). De Zwitserse centrale bank (SNB) bevestigde de deal zondagavond.  ( 3 min )
    UBS zegt toe Credit Suisse te kopen voor meer dan 2 miljard dollar
    UBS is overeengekomen Credit Suisse te kopen nadat het zijn bod heeft verhoogd tot meer dan 2 miljard dollar (1,86 miljard euro), meldt de Financial Times. De overeenkomst wordt zondagavond getekend.  ( 3 min )
    Zwitserland overweegt nationalisatie Credit Suisse als UBS-deal niet doorgaat
    De Zwitserse regering overweegt een volledige of gedeeltelijke nationalisatie van de noodlijdende bank Credit Suisse. Nationalisatie is volgens de Zwitsers het enige alternatief naast een overname door UBS, de grootste bank van Zwitserland.  ( 3 min )
    Noodlijdend Credit Suisse wijst bod van UBS af
    De Zwitserse bank UBS, de grootste van het land, heeft 1 miljard dollar (930 miljoen euro) over voor de overname van de noodlijdende bank Credit Suisse. Dat meldt zakenkrant Financial Times. Credit Suisse zou dit bod te laag vinden en wijst het af, schrijft persbureau Bloomberg op basis van ingewijden.  ( 4 min )
    UBS biedt 1 miljard dollar voor noodlijdend Credit Suisse
    De Zwitserse bank UBS, de grootste van het land, heeft 1 miljard dollar (930 miljoen euro) over voor de overname van de noodlijdende bank Credit Suisse. Dat meldt zakenkrant Financial Times. Credit Suisse zou dit bod te laag vinden, schrijft persbureau Bloomberg op basis van ingewijden.  ( 3 min )
    UBS heeft een miljard dollar over voor noodlijdend Credit Suisse
    De Zwitserse bank UBS, de grootste van het land, heeft 1 miljard dollar (930 miljoen euro) over voor de overname van het noodlijdende Credit Suisse. Dat meldt zakenkrant Financial Times. De deal zou uiterlijk zondagavond rond moeten zijn.  ( 3 min )
    Jongeren dromen niet van vast contract: 'Ze kunnen toch geen hypotheek krijgen'
    Het aantal openstaande vacatures is in Nederland momenteel enorm en dat blijft voorlopig zo. "Jonge mensen zijn op zoek naar werk dat in hun schema past."  ( 6 min )
    Jongeren hebben nieuwe kijk op werk: 'Waarom hebben zij een vast contract nodig?'
    Het aantal openstaande vacatures is in Nederland momenteel enorm en dat blijft voorlopig zo. "Jonge mensen zijn op zoek naar werk dat in hun schema past."  ( 5 min )
    Zwitserse noodmaatregelen moeten snelle overname Credit Suisse mogelijk maken
    De Zwitserse regering wil met noodmaatregelen een versnelde overname van het geplaagde Credit Suisse door concurrent UBS mogelijk maken. Dat meldt zakenkrant Financial Times op basis van ingewijden.  ( 3 min )
    Consument draait op voor hogere loonkosten
    De stijging van de lonen jaagt de inflatie in Nederland aan. Veel bedrijven berekenen de hogere loonkosten namelijk door aan de consument. Dit betekent dat bepaalde producten en diensten duurder worden. "De hogere lonen hebben steeds meer impact op de prijsstijgingen. Dat staat als een paal boven water", zegt econoom Hugo Erken van RaboResearch.  ( 4 min )
    Inflatie schiet verder omhoog doordat lonen stijgen
    De stijging van de lonen jaagt de inflatie in Nederland aan. Veel bedrijven berekenen de hogere loonkosten namelijk door aan de consument. Dit betekent dat bepaalde producten en diensten duurder worden. "De hogere lonen hebben steeds meer impact op de prijsstijgingen. Dat staat als een paal boven water", zegt econoom Hugo Erken van RaboResearch.  ( 4 min )
    Loonstijgingen wakkeren inflatie in ons land verder aan
    De stijging van de lonen jaagt de inflatie in Nederland aan. Veel bedrijven berekenen de hogere loonkosten namelijk door aan de consument. Dit betekent dat bepaalde producten en diensten duurder worden. "De hogere lonen hebben steeds meer impact op de prijsstijgingen. Dat staat als een paal boven water", zegt econoom Hugo Erken van RaboResearch.  ( 4 min )
  • Open

    Largest Indigenous Groups in the U.S.
    There are 574 federally recognized tribes in the United States. Here is the breakdown of some of the biggest groups.  ( 32 min )
    Incidental Expenses (IE): Definition, Types, Examples, and Taxes
    Incidental expenses (IE), also known as incidentals, are tips and other small costs ancillary to a business expense. Learn when incidentals are reimbursable or deductible.  ( 17 min )
    Blue List Definition
    Blue list is a daily listing of bonds, mostly of the tax-exempt municipal variety, that are currently for sale by banks and dealers.  ( 12 min )
    UBS: Definition, Bank History, Financial Services
    UBS (formerly Union Bank of Switzerland) is a multinational diversified financial services company headquartered in Zurich and Basel.  ( 14 min )
    The Benefits of Mortgage Repayment
    Buying a home may be the biggest debt you'll ever incur. Learn the benefits to having a mortgage repayment plan and find out the pros, the cons, and why you should retire it sooner, rather than later.  ( 15 min )
    5 Secrets About Traditional IRAs
    A traditional IRA gives a current-year tax benefit and future years of tax savings—minus the income restrictions that limit who can have a Roth IRA.  ( 15 min )
    Static Gap Definition
    Static gap is the difference between the levels of assets and liabilities on which interest rates are reset during any particular bucket of time.  ( 13 min )
    Is a 401(k) a Qualified Retirement Plan?
    A 401(k) usually meets the definition of a qualified retirement plan. Learn more about these retirement plans and why they qualify.  ( 17 min )
    Gray Box
    Gray box is the testing of software with limited knowledge of its internal workings.  ( 13 min )
    Fairway Bond Definition
    A fairway bond is a bond that has a floating interest rate or interest rate option that pays interest when the rate remains in the specified range.  ( 14 min )
    UBS To Buy Credit Suisse in $2 Billion All Stock Deal
    UBS will absorb Credit Suisse in a $2 billion all stock deal brokered by the government that was pulled together to prevent the latter embattled bank from failing.  ( 10 min )
    Commodity Exchange Act (CEA) Definition
    The Commodity Exchange Act regulates commodities and futures trading in the U.S. It has been in force since 1936.  ( 15 min )
    What Happens When a Stockbroker Goes Bust?
    There is no way to affect market volatility, but there is a protection mechanism in place in case a broker firm runs into financial trouble.  ( 18 min )
    At-or-Better Definition
    At-or-better orders instruct the brokerage to fulfill a transaction only at a specific price or above.  ( 12 min )
    Too Big to Fail: Definition, History, and Reforms
    “Too big to fail” describes a situation in which a business is so deeply ingrained in an economy that its failure would be disastrous to that economy.  ( 19 min )
    Multi-Index Option Definition
    A multi-index option is an outperformance option where the payoff is based on the relative performance of two indexes or other assets.  ( 12 min )
    Letters Patent Definition
    Letters patent is a an official written order issued by a governing (sovereign) power that gives a patentee an exclusive right or privilege.  ( 14 min )
    Why Bank Bail-Ins Are the New Bailouts
    Public outcry over rescuing banks with taxpayer money in 2008 forced a switch in governmental tactics, making bail-ins the new bank bailouts.  ( 18 min )
    Matthew McConaughey To Star in New Apple TV+ Series—Here’s How He Made His Millions
    Hollywood actor Matthew McConaughey is also a successful tech investor who backs an array of startups, including Workrise and MoonPay.  ( 14 min )
    Drop Lock Definition
    A drop lock is an arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level.  ( 12 min )
    Peak Stuff Definition
    Peak stuff refers to products that have reached the ceiling for market interest and penetration and cannot go any higher.  ( 12 min )
    Economic Conditions That Helped Cause World War II
    Here's a look at how economic conditions following World War I intensified antagonisms between nations and led to the outbreak of World War II.  ( 18 min )
    What Is a Tax Base? Definition, Formula, and Examples
    A tax base is the total amount of assets, income, and economic activity that can be taxed by a government or other tax authority.  ( 17 min )
    Lagged Reserves Definition
    Lagged Reserves are the amount of cash that a bank is required to have on hand. "Lagged" refers to the method of calculation, which is based on total deposits two weeks prior.  ( 16 min )
    Government and Economics: Government Policy and Intervention
    Discover the relationship between government and economics. Learn how economic conditions impact government policy and how governments attempt to influence them.  ( 17 min )

  • Open

    Regressive Tax: Definition and Types of Taxes That Are Regressive
    A regressive tax is one that is applied uniformly regardless of income, as opposed to a progressive tax, which is based on income.  ( 20 min )
    Consumer Financial Protection Act
    The Consumer Financial Protection Act of 2010 created the Consumer Financial Protection Bureau (CFPB).  ( 14 min )
    National Defense Authorization Act for FY 2023
    The FY 2023 National Defense Authorization Act authorizes funding but does not appropriate funds for the U.S. military on an annual basis. The legislation is popular with both Democrats and Republicans and has never failed to pass.  ( 19 min )
    8 Bankrupt Companies That Came Back
    These companies went bankrupt. Now they're even more profitable and successful. Here's how these 8 bankrupt companies came back.  ( 18 min )
    How to Read a Consumer Credit Report
    Learning how to read your consumer credit report is vital, as it includes important information about your credit history.  ( 16 min )
    What Is Financial Contagion During an Economic Crisis?
    Financial contagion is the spread of an economic crisis from one market or region to another and occurs at the domestic or international level.  ( 14 min )
    Contango Meaning, Why It Happens, and Backwardation
    Contango is a situation in which the futures price of a commodity is above the spot price.  ( 21 min )
    Stop Order: Definition, Types, and When To Place
    A stop order is an order type that can be used to limit losses as well as enter the market on a potential breakout.  ( 21 min )
    What Is Window Dressing in Finance?
    Window dressing occurs when a fund manager tweaks a fund or a business adjusts its accounting methods for appearance's sake.  ( 19 min )
    Bill-and-Hold Basis Definition
    Bill-and-hold basis recognizes revenue at the point of sale, with goods delivered at a later date.  ( 13 min )
    Safe Haven: Definition and Examples in Investing
    A safe haven is an investment that is expected to retain its value, or even increase in value, during times of market turbulence.  ( 16 min )
    Federal Lending to Banks This Week Eclipses 2008 Financial Crisis Peak
    While banks took more than $11.9 billion in loans through the new Bank Term Funding Program relief program, and even more through modified borrowing at the discount window.  ( 11 min )
    Temporary Liquidity Guarantee Program (TLGP)
    The Temporary Liquidity Guarantee Program (TLGP) was created in 2008 to stabilize the U.S. banking system during the global financial crisis.  ( 15 min )
    Capitalized Interest: Definition, How It Works, and Example
    Capitalized interest is the cost of borrowing to acquire or construct a long-term asset, which is added to the cost basis of the asset on the balance sheet.  ( 18 min )
    The Evolution of Banking Over Time
    A brief history of banking from ancient Greece, Rome, and Egypt to the modern-day United States and the emergence of digital banking.  ( 21 min )
    Product Lifecycle Management (PLM): Definition, Benefits, History
    Product lifecycle management refers to the handling of a good as it moves through five typical stages of its lifespan, from development to decline.  ( 20 min )
    What Happened to Silicon Valley Bank?
    In March 2023, Silicon Valley Bank was shut down by the California Department of Financial Protection and Innovation. Learn why this bank collapsed and what it means for you.  ( 18 min )
    How Safe Is Venmo and Is It Free?
    Learn how Venmo—one of the most popular apps in the peer-to-peer payments space—works, how much it charges, whether it's safe, and more.  ( 22 min )
  • Open

    Warren Buffett in Contact With Biden Officials on Banking Crisis
    (Bloomberg) -- Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds.Most Read from BloombergCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesCredit Suisse Investment Bank Said a Key Sticking Point in TalksCFA Revised Exam Cuts Study Time, Stresses Practical SkillsDeutsche Bank Eyes Some Credit Suisse Assets  ( 47 min )
    Bond Market Set for More Tumult With Fed’s Next Move in Limbo
    (Bloomberg) -- Bond investors battered by the wildest swings in decades are hunkering down for their next big test: navigating the Federal Reserve’s response to the mounting financial instability that threatens to derail its fight against inflation.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesMidsize US Banks Ask FDIC to Insure Deposits for  ( 49 min )
    ‘Unknown Unknowns’: No Weekend for Traders as Bank Woes Deepen
    (Bloomberg) -- 6 a.m. wake-up calls. Cancelled tennis dates. Anxious check-ins on bond prices while walking the dog.Most Read from BloombergCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesCFA Revised Exam Cuts Study Time, Stresses Practical SkillsCredit Suisse Investment Bank Said a Key Sticking Point in TalksDeutsche Bank Eyes Some Credit Suisse AssetsThese are just some of the scenes of traders and money managers over the w  ( 48 min )
    I want to retire in 4 years, on what I think will be $3,100 a month. Can I make that work — and should I get a pro to help me figure this out?
    Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )
    Apollo’s Slok Says Bank Crisis Will Tip US Into Hard Landing
    (Bloomberg) -- If you asked Torsten Slok a week ago how the economy was going to fare this year, he would have told you he was expecting a no-landing scenario, whereby the Federal Reserve would tame inflation without triggering a downturn.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks Extend Into Sunday as Markets Await DealMidsize US Banks Ask FDIC to Insure Deposits for Two YearsTrump Calls for Protests Over Expected Arrest on NY ChargesC  ( 51 min )
    Fed to Consider a Pause as Fallout From SVB Roils Markets
    (Bloomberg) -- Federal Reserve officials face their biggest challenge in months as they weigh whether to keep raising interest rates this week to cool inflation, or take a pause amid the market turmoil fueled by recent bank failures.Most Read from BloombergCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesCFA Revised Exam Cuts Study Time, Stresses Practical SkillsCredit Suisse Investment Bank Said a Key Sticking Point in TalksD  ( 50 min )
    UBS Takeover of Credit Suisse Could Be Imminent: Report
    The Swiss National Bank and regulator Finma now see UBS’s purchase as the only option to tame mounting woes at Credit Suisse, according to the Financial Times.  ( 23 min )
    Sharon Stone: I lost half my fortune in banking crisis
    As one of Hollywood’s most famous femme fatales, Sharon Stone has regularly played the part of the glamorous and seductive woman who lures unsuspecting men to rack and ruin.  ( 47 min )
    Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
    The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.  ( 48 min )
    Why Is Credit Suisse in Trouble? The Banking Turmoil Explained
    Here’s what you need to know about the turmoil at Switzerland’s second-largest bank by assets and what might happen next.  ( 27 min )
    Bank of America Could Acquire Signature Bank, Ackman Says
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    Thousands of City jobs at risk amid race for Credit Suisse rescue
    Thousands of jobs are at risk in the City as regulators race to rescue one of the world's biggest banks before markets open on Monday morning.  ( 47 min )
    Credit Suisse Crisis Nears Finale as UBS Discussions Heat Up
    (Bloomberg) -- Most Read from BloombergCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Says He Expects to Be Arrested on TuesdayCFA Revised Exam Cuts Study Time, Stresses Practical SkillsDeutsche Bank Eyes Some Credit Suisse AssetsUBS to Explore Credit Suisse Deal in Crisis CombinationUBS Group AG and Swiss officials are racing to put together a deal for the firm to take over battered rival Credit Suisse Group AG this weekend as they seek to navigate thorny issues such as a gov  ( 48 min )
    Credit Suisse’s Fate Rests in the Hands of These Power Players
    (Bloomberg) -- Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesMidsize US Banks Ask FDIC to Insure Deposits for Two YearsCredit Suisse Investment Bank Said a Key Sticking Point in TalksA politician, an economist, and a mathematician are among the select group of power players who will determine the future of what was once Switzerland’s pre-emin  ( 49 min )
    How Big Tech Became the New Defensive Stock Play
    Crises make strange bedfellows. Just look at the new class of defensive stocks: utilities, consumer staples, healthcare—and Big Tech.  ( 23 min )
    Despite market volatility, retail investors went on a buy-the-dip spree. These are the stocks they picked up, says Vanda.
    Churning financial markets, as the failure of three U.S. banks and uncertainty over one big European one continues to play out, did not stop some investors...  ( 27 min )
    You Need to Make This Much Money to Live Comfortably in America's 25 Largest Metros
    It's hard to feel financially stable when the cost of living continues to take a bigger bite out of your budget. While salaries increased 5.1% between December 2021 and December 2022, wage growth couldn't keep up with inflation, which averaged … Continue reading → The post Salary Needed to Live Comfortably in the 25 Largest Metro Areas – 2023 Edition appeared first on SmartAsset Blog.  ( 50 min )
    Silicon Valley Bank crisis a result of ‘idiot management,’ Kevin O’Leary says
    Last week, Silicon Valley Bank shuttered, prompting alarm nationwide. Reality TV star and business mogul Kevin O’Leary blames the bank’s management for the crisis.  ( 47 min )
    Bullish Sign Is Flashing for Some as Stocks Skirt the Precipice
    (Bloomberg) -- For all the bank collapses, the plunging bond yields, the hammering in oil and mining stocks and day-in, day-out volatility, Adam Sarhan puts this week in the win column.Most Read from BloombergUBS Seeks Swiss Backstop in Any Credit Suisse DealCFA Revised Exam Cuts Study Time, Stresses Practical SkillsUBS to Explore Credit Suisse Deal in Crisis CombinationTrump Says He Expects to Be Arrested on TuesdayDeutsche Bank Eyes Some Credit Suisse AssetsWhy?“The stock market had every chan  ( 48 min )
    Big Banks Best Positioned to Weather Crisis: Morningstar
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    UBS in Talks to Take Over Credit Suisse
    UBS is in talks to take over parts or all of Credit Suisse, part of an urgent effort by Swiss and global authorities to restore trust in the banking system.  ( 28 min )
    UBS and regulators rush to seal Credit Suisse takeover deal: reports
    Credit Suisse, UBS and their key regulators are working out a deal on the merger of Switzerland’s two biggest banks, according to reports on Saturday.  ( 25 min )
    Credit Suisse's Days Are Numbered
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    I’m 38, sold my home for $1.3 million and save my money but I ‘wonder if I’ll ever be able to retire’
    Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com  ( 26 min )
    Mortgage rates 'reeling' after Silicon Valley Bank's sudden collapse and one expert says borrowers can capitalize on the current volatility — here’s how much you could save on your home loan
    Homes are finally becoming more affordable for the average American again.  ( 49 min )
    Bitcoin Scored a Big Week as Banks Sold Off. Can It Last?
    Despite this past week’s rally, Bitcoin is still down nearly 40% over the past year and has fallen more than 63% from its record high.  ( 23 min )
    Bitcoin Billionaires Are Back
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    This Week in Coins: Bitcoin, Ethereum Post Mega Rallies After Banking Intervention
    The two leading coins more than made up for losses racked up during last week’s crypto banking crash.  ( 46 min )
    Can I Retire at 65 With $1.5 Million?
    Reaching $1.5 million in retirement savings is doable. While this is a lot of money, it's well within reach for most incomes. As long as you start saving early – ideally in your 20's – and take advantage of market returns, … Continue reading → The post Is $1.5 million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 51 min )
    Can I Retire With $1 Million at 55?
    $1 million doesn't go nearly as far in retirement as it once did. In fact, a recent survey found that investors believe they'll need at least $3 million to retire comfortably. But retiring with $1 million is still possible, even … Continue reading → The post Can I Retire With $1 Million at 55? appeared first on SmartAsset Blog.  ( 49 min )
    Is There an RMD Cut-Off Age?
    Required minimum distributions (RMDs) are the minimum amount that you must withdraw from certain tax-advantaged retirement accounts. They begin at age 72 or 73, depending on your circumstances and continue indefinitely. There is, unfortunately, no age when RMDs stop. You … Continue reading → The post At What Age Do RMDs Stop? appeared first on SmartAsset Blog.  ( 49 min )
    Here's the average salary each generation says they need to feel 'financially healthy.' Gen Z requires a whopping $171K/year — but how do your own expectations compare?
    Turns out wealth isn't always health.  ( 49 min )
    Netflix investors 'too pessimistic' about password sharing crackdown: Analyst
    Netflix's controversial password sharing crackdown, which has angered users and concerned investors as prices continue to balloon, might not be such a bad thing after all — at least according to one media analyst.  ( 48 min )
    Cathie Wood Calls One Reaction to SVB Collapse 'Disturbing'
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    Dow Giant Boeing, EV Chip Play Lead 5 Stocks Near Buy Points In Choppy Market
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    The Best Advice Warren Buffett Gave to AmEx’s CEO
    Buffett has reason to share wisdom with Steve Squeri: Berkshire Hathaway is the largest shareholder in American Express.  ( 23 min )
    Banking Emergency? JPMorgan Comes to the Rescue Again.
    But the bank has also profited from its rescues over the years, and its actions have drawn criticism as well as praise.  ( 23 min )
    First Republic was rescued by rivals. Silicon Valley Bank was abandoned by its friends.
    The $30 billion bet on First Republic — to prevent it from becoming the third bank to fail in less than a week — was pitched as a bulwark against future bank...  ( 26 min )
    ‘How absurd is that?’: Oscar winner Ke Huy Quan lost his health insurance after wrapping up Everything Everywhere All at Once — here are 3 ways to manage unexpected health care costs
    During the pandemic, he was one of the millions of Americans with no work or health insurance.  ( 49 min )
    7 things you may have missed amid this week’s banking crisis
    This has been a wild week in business.  ( 48 min )
    Ford, GM Engage in China Price War as Car Sales Slump
    The American auto makers join their rivals in giving discounts in China as economic uncertainty hurts demand for vehicles.  ( 25 min )
    ‘Judgment day is coming’: SVB Financial Group files for Chapter 11. More businesses and consumers are also filing for bankruptcy.
    Tightening credit access and rising interest rates for businesses and consumers will likely lead to more bankruptcies, experts say.  ( 26 min )
    Historic Week in Bonds Told in Charts
    (Bloomberg) -- Investors across the safest bond markets have been rocked by some of the most dramatic swings on record, and there’s likely more turbulence in store given the risks out there.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks Extend Into Sunday as Markets Await DealMidsize US Banks Ask FDIC to Insure Deposits for Two YearsTrump Calls for Protests Over Expected Arrest on NY ChargesCredit Suisse Investment Bank Said a Key Sticking  ( 48 min )
    Meta’s Layoffs Are Just a Drop in the Bucket. These Companies Cut More.
    Job postings on hiring website Indeed have been declining since early in 2022, but the slide has steepened over the past few months.  ( 23 min )
    Dollar General and 5 More Companies That Raised Their Dividends This Week
    Dollar General said it plans to boost its quarterly disbursement to shareholders by 7%.  ( 23 min )
    Why Wall Street Analysts Missed the Banking Turmoil
    Six months ago, 75% of analysts covering shares of SVB Financial rated them Buy.  ( 23 min )
    First Republic Bank gets downgrade to junk from Moody’s
    Moody's Investors Service downgraded its rating on First Republic Bank's credit to junk late Friday, citing a "deterioration in the bank's financial profile."  ( 24 min )
    TipRanks ‘Perfect 10’ List: 2 Top Stocks That Analysts Are Placing Their Bets On
    The last two weeks have seen the markets take a rollercoaster ride, that’s for sure. The sudden insolvency and failure of Silicon Valley Bank, and the Federal closures of Signature and Silvergate banks, have triggered worries of an old-fashioned bank run. An announcement by Credit Suisse, that it was having difficulty accessing capital, fed fears that even the major banking names would not be immune to contagion. President Biden and Treasury Secretary Yellen have made it clear that account holde  ( 48 min )
    Tumbling Bank Stocks Raise Deposit Risks, and Yield a Few Bargains
    Beware the loop between share prices and depositor confidence. But sector watchers see a few stocks worth buying.  ( 23 min )
    Buffett’s Berkshire Bought Back More Stock During First Two Months of the Year
    The estimated repurchase activity is in line with the $2.6 billion in the fourth quarter.  ( 23 min )
    Banks Survived Another Week—and the Biggest Ones Look Like Winners
    The nation's banking giants will be beneficiaries of the industry's turmoil. They have cheap stocks, and hefty dividend yields.  ( 37 min )
    UBS to Explore Credit Suisse Deal in Crisis Combination
    (Bloomberg) -- UBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group AG at the urging of Swiss regulators after its smaller rival was pummeled by a crisis of confidence, according to people with knowledge of the matter. Most Read from BloombergSchwab Clients Shift From Prime Funds to Government PortfoliosAnother Chaotic Week for Banks Marks the End of an Era for the Global EconomyIn New York City, a $100,000 Salary Feels Like $36,000CFA Revised Exam Cuts Study Time, Str  ( 48 min )
  • Open

    Graandeal Oekraïne en Rusland verlengd, maar met welke termijn is onduidelijk
    De graandeal tussen Oekraïne en Rusland, die vandaag zou aflopen, is op de valreep verlengd. Het gaat om een verlenging van 120 dagen, zegt de Oekraïense minister Oleksandr Kubrakov (Infrastructuur) zaterdag. Het Kremlin spreekt over een andere termijn.  ( 4 min )
    Graandeal tussen Oekraïne en Rusland op de valreep met vier maanden verlengd
    De graandeal tussen Oekraïne en Rusland, die vandaag zou aflopen, is op de valreep verlengd. Het gaat om een verlenging van 120 dagen, zegt de Oekraïense minister Oleksandr Kubrakov (Infrastructuur) zaterdag. De verlenging liet lang op zich wachten, omdat de landen het maar niet eens werden over de looptijd.  ( 3 min )
    Graandeal tussen Oekraïne en Rusland met vier maanden verlengd
    De graandeal tussen Oekraïne en Rusland, die vandaag zou aflopen, is verlengd. Dat zegt de Turkse president Recep Tayyip Erdogan. De verlenging liet eerder op zich wachten, omdat de landen het niet eens werden over de looptijd.  ( 2 min )
    Graandeal Oekraïne en Rusland verloopt vandaag, nog geen zicht op verlenging
    De graandeal tussen Rusland en Oekraïne verloopt vandaag. De twee landen zijn het vooralsnog niet eens geworden over de duur van een eventuele verlenging. Het akkoord zorgt ervoor dat graan uit Oekraïne weer verhandeld kan worden.  ( 3 min )
    Musk maakt deel van Twitter-algoritme openbaar: 'Moet aanbevelingen verbeteren'
    Twitter gaat het algoritme waarmee het zijn gebruikers tweets aanbeveelt openbaar maken. De code die daarvoor wordt gebruikt, wordt op 31 maart "open source", twitterde eigenaar Elon Musk vrijdag.  ( 3 min )
    Elon Musk maakt deel Twitter-algoritme eind maart openbaar
    Twitter gaat het algoritme waarmee het platform tweets aan gebruikers aanbeveelt, openbaar maken. De code die daarvoor wordt gebruikt wordt op 31 maart "open source", zei Elon Musk vrijdag in een tweet.  ( 3 min )
    Hoe je via je hypotheek en spaargeld merkt dat ECB de rente verhoogt
    Een van de belangrijkste rentetarieven is donderdag weer verhoogd door de Europese Centrale Bank (ECB). Die hogere rente moet de inflatie afremmen, maar werkt nog op veel meer manieren door in de economie en jouw portemonnee. Hoe treft de hogere rente je huis, spaargeld, beleggingen en pensioen?  ( 8 min )
  • Open

    Researchers: Uninsured Deposits Threaten Banking System
    Researchers say about 200 banks could collapse if only half of customers with uninsured deposits withdraw their money in the wake of the tumult spurred by SVB's failure.  ( 1 min )
    Large Banks See Surge in Retail Investments, Deposits After SVB Collapse
    Large U.S. banks have seen a sharp increase in customer deposits and retail stock investment after trouble at regional banks.  ( 1 min )
    Markets Drop on Renewed Concerns About Banks
    U.S. equities sank on March 17, 2023, as renewed worries about the strength of banks continued to weigh on the markets.  ( 1 min )
    5 Things to Know Before Markets Open
    News of the day for March 17, 2023  ( 1 min )
  • Open

    FedEx Shares Rise on Earnings Beat, Improved Guidance
    FedEx Corporation (FDX) is the best-performing stock in the S&P 500 after the package delivery firm beat quarterly profit estimates and raised its full-year guidance.  ( 1 min )
    UBS May Acquire Credit Suisse: Report
    UBS Group (UBS) is in talks to acquire all or parts of Credit Suisse(CS), but neither company has confirmed the merger, Financial Times reported Friday.  ( 1 min )
    SVB's Parent Company Files For Bankruptcy
    SVB's parent company filed for Chapter 11 protection in a New York Court Friday.  ( 1 min )

  • Open

    First Republic Stock Plunges After Bank Rescue Plan, Dividend Suspension
    First Republic Bank shares fell more than 30% Friday after a multibillion-dollar rescue deal orchestrated by the biggest U.S. banks failed to convince investors that the troubled lender is on solid footing.  ( 27 min )
    Market Rally Divided: First Republic Bank Dives After Hours In Latest Twist; Fed Meeting On Tap
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    Bed Bath & Beyond Proposes Reverse Stock Split, Stock Tumbles
    Reverse stock splits are generally done to give lagging share prices a boost.  ( 23 min )
    If the Feds fail to find big banks to buy SVB and Signature, the likeliest buyers are the one group they don’t want to sell to
    The FDIC is still trying to sell the bank, which is having trouble finding a buyer.  ( 48 min )
    Michael Jordan is reportedly close to selling his NBA franchise to the hedge fund billionaire at the center of the WallStreetBets/GameStop saga
    Jordan might sell the Charlotte Hornets to a consortium co-led by Gabe Plotkin, whose Melvin Capital lost big in the pandemic's meme-stock frenzy.  ( 47 min )
    Regional Banks: Be Greedy When Others Are Fearful With This ETF
    Many investors know that Warren Buffett says to be greedy when others are fearful. Well, right now, there’s plenty of fear in the banking sector, especially when it comes to regional banks. However, it can be hard to heed that advice in real time when you’re worried about a stock going to zero like Silicon Valley Bank or Signature Bank. Here’s where ETFs like the SPDR S&P Regional Banking ETF (NYSEARCA:KRE) come in handy. The Appeal of Using an ETF in a Storm Investors can use ETFs like the SPDR  ( 49 min )
    Advanced Micro Devices Stock Shows Rising Price Performance With Jump To 93 RS Rating
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    UBS in discussions to buy Credit Suisse: report
    UBS Group AG is in talks to buy all or parts of Credit Suisse, with their boards meeting separately over the weekend, the Financial Times reported late Friday.  ( 23 min )
    How Much Is First Republic Worth?
    After the bank’s $30 billion deposit rescue, investors are still struggling to figure out how to value the lender.  ( 25 min )
    Kevin O'Leary Has a Warning for Depositors, Investors
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    First Republic seeks to raise more money through private stock sale: report
    First Republic is seeking to raise money from other banks or private-equity firms by selling new shares, the New York Times reported, citing people with...  ( 24 min )
    Surging Chinese Oil Demand Pushes Shipping Costs Sharply Higher
    A burst of U.S. exports to China is driving up charter rates for the world’s biggest crude tankers.  ( 26 min )
    Microsoft stock notches best week in nearly 8 years following SVB collapse, OpenAI’s ChatGPT popularity
    Microsoft stock gains as the collapse of Silicon Valley Bank and the popularity of OpenAI's ChatGPT drives investors to an established tech name.  ( 24 min )
    FTX Had a Nearly $7 Billion Balance Sheet Hole When it Went Bust
    (Bloomberg) -- The FTX crypto empire had a roughly $6.8 billion gap in its balance sheet when it filed for bankruptcy last year, advisers to the group have determined. Most Read from BloombergCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpWarren Buffett in Contact With Biden Team on Banking CrisisTrump Calls for Protests Over Expected Arrest on NY ChargesCredit Suisse Investment Bank Said a Key Sticking Point in TalksMidsize US Banks Ask FDIC to Insure Deposits for Two YearsAssets a  ( 46 min )
    Vanguard Funds - 10 Best Vanguard Mutual Funds
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    The Cream Of The Crop: 5 Biotech Stocks That Outrank 92% Of All Stocks
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    Look Out Below: First Republic Stock Seen Headed to $5
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    Recession, Yes. But Markets Cling to Hope Crisis Will Be Avoided
    (Bloomberg) -- Two brutal weeks for banks have mostly scuttled hopes in markets that a US recession can be avoided. But a close read of the cross-asset landscape still finds investors unconvinced the stress portends a genuine financial crisis.Most Read from BloombergCFA Revised Exam Cuts Study Time, Stresses Practical SkillsUBS to Explore Credit Suisse Deal in Crisis CombinationUBS Seeks Swiss Backstop in Any Credit Suisse DealBlackRock Not Working on Rival Bid for Credit SuisseSchwab Clients Sh  ( 50 min )
    Nvidia Stock Still Has Room To Run, Thanks To AI Spending, Analyst Says
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    Berkshire’s Warren Buffett Shows Bank CEOs How They Should Have Managed Risk
    The Berkshire Hathaway CEO steered clear of bonds when rates were low and avoided much of the carnage that ensnares banks now.  ( 23 min )
    Charles Schwab calls itself a ‘safe port in a storm’ as it took in billions in new assets the past week
    Charles Schwab looked to reassure investors amid the crisis of investor confidence in bank stocks, saying it remained a 'safe port in a storm.'  ( 24 min )
    Western Alliance says it remains in a ‘strong position’
    Western Alliance Bancorp said late Friday the bank remains in strong position even though it saw outflows this week following the failure of Silicon Valley...  ( 23 min )
    Oil Prices Tumble. Worst Case Could Be $40 a Barrel.
    Aside from OPEC and any U.S. decision to refill the strategic petroleum reserve, the path of oil prices may depend on the banking turmoil.  ( 23 min )
    Thousands of Stock Options on Failed Banks in Limbo as Expiration Hits
    (Bloomberg) -- Stock options worth hundreds of millions of dollars tied to failed lenders SVB Financial Group and Signature Bank are reaching expiration Friday with no certainty whether or how they can be cashed in.Most Read from BloombergSchwab Clients Shift From Prime Funds to Government PortfoliosHow First Republic Bank Received a $30 Billion LifelineIn New York City, a $100,000 Salary Feels Like $36,000UBS, Credit Suisse Oppose Idea of Forced Tie-UpBanks Borrow $164.8 Billion From Fed in Rus  ( 48 min )
    The best CD rates for March 2023
    We ranked almost 50 separate CD accounts based on APYs, minimum deposit requirements, and more. Check out the accounts that made our top 10.  ( 62 min )
    3 Crushed REITs: Are They Bargains Or Yield Traps?
    https://cdn.benzinga.com/files/images/story/2023/03/17/87cf1b69-078c-4adb-a86f-481c4d2e44e4.jpeg?optimize=medium&dpr=2&auto=webp&crop=1200%2C800 The oldest investing advice on Wall Street is to buy low and sell high. But the problem is that you never know for sure where the lowest or highest prices are. Regardless of price, with real estate investment trusts (REITs), buying low can often mean purchasing a stock for life with a very high dividend yield. Will that high dividend yield soon disappea  ( 48 min )
    Wait 10 Seconds, Lose $1 Million in Markets Rocked by Volatility
    (Bloomberg) -- Holed up in a Hyatt hotel room in the Caribbean, John McClain whipped out his laptop on Sunday afternoon and started trading bonds. This was supposed to be a family vacation for McClain but, with bank failures piling up and US authorities rushing to stem the panic, that was out now. He needed to overhaul the $2.4 billion portfolio he managed for clients at Brandywine Global Investment Management LLC, and overhaul it fast.Most Read from BloombergSchwab Clients Shift From Prime Fund  ( 50 min )
    March Madness for REITs? Here’s a ‘final four’ for investors seeking dividend income.
    Analysts at Jefferies expect these real-estate investment trusts to keep increasing payouts through 2025.  ( 25 min )
    Don't Be in a Rush to Buy Microsoft Stock
    Let's see how things play out.  ( 9 min )
    Can AMD Stock Break Out Over Major Resistance?
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    El-Erian Says US Banks Need a ‘Circuit Breaker’ After Upheaval
    (Bloomberg) -- Mohamed El-Erian says the latest upheaval surrounding First Republic Bank will make banks rethink their standards and prepare for tougher regulation.Most Read from BloombergSchwab Clients Shift From Prime Funds to Government PortfoliosHow First Republic Bank Received a $30 Billion LifelineIn New York City, a $100,000 Salary Feels Like $36,000UBS, Credit Suisse Oppose Idea of Forced Tie-UpBanks Borrow $164.8 Billion From Fed in Rush to Backstop Liquidity“You have had an accident on  ( 47 min )
    Schwab Customers Added $16.5 Billion in Tumultuous Week for Banks
    (Bloomberg) -- Charles Schwab Corp. said customers added a net $16.5 billion to its funds in the past five trading days amid a turbulent week for US banks. Most Read from BloombergUBS Seeks Swiss Backstop in Any Credit Suisse DealCFA Revised Exam Cuts Study Time, Stresses Practical SkillsUBS to Explore Credit Suisse Deal in Crisis CombinationBlackRock Not Working on Rival Bid for Credit SuisseSchwab Clients Shift From Prime Funds to Government PortfoliosThose “strong inflows” reflect Schwab’s fi  ( 47 min )
    Ford is telling select Bronco owners not to drive their vehicles
    Ford Motor Co. has issued a recall of 343 Bronco Wildtrak and Raptor vehicles.  ( 24 min )
    Why Bank Blowups Have Been Good News for Apple Stock and the Rest of Big Tech
    Parts of big tech can look pretty defensive—especially relative to shakier regional banks or cash-hungry start-ups.  ( 23 min )
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    Elon Musk Sends Cryptic Message About the Banking Crisis
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    SVB: Financier Bill Ackman Rips First Republic Bank Rescue Plan
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    Dow Jones Futures Fall 300 Points As First Republic Bank Dives 22% On Dividend Suspension; FedEx Soars On Earnings
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    World’s Biggest ETF Adds $7.3 Billion in Day After Bank Rescues
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    Tesla Faces Stiff Competition in China. Could America Be Next?
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    Shallow or shrewd? Survey shows Americans want their next partner to be making be at least this amount — here's why talking finances is fair game on the first date
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    U.S. Steel Stock Is Surging. Its Forecast Bodes Well for Other Steelmakers.
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    First Republic Shares Resume Slide as Investors Assess Aid
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    Futures Waver Amid Bank-Rescue Doubts; Dollar Dips: Markets Wrap
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    Gold Is Shining Again. Newmont Stock Is Still Worth Buying.
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    Ackman Concerned About ‘Contagion Risk’ Spiraling Out of Control
    (Bloomberg) -- Spreading the risk of financial contagion to achieve “a false sense of confidence” in First Republic Bank is “bad policy”, Pershing Square’s Bill Ackman said in a tweet.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueIn New York City, a $100,000 Salary Feels Like $36,000Schwab Clients Shift From Prime Funds to Government PortfoliosFirst Republic Bank Is Exploring Options Including a SaleThe 10 Top US Cities Where a $100,000 Salary Goes the Furthe  ( 46 min )
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    Inside the $30 billion rescue of First Republic Bank
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  • Open

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    UBS May Acquire Credit Suisse: Report
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  • Open

    Zwitserse bank UBS zou geplaagde concurrent Credit Suisse willen overnemen
    De Zwitserse bank UBS voert gesprekken met Credit Suisse over een volledige of gedeeltelijke overname van de geplaagde bank. Dat meldt de Britse zakenkrant Financial Times op basis van bronnen met kennis van de gesprekken.  ( 4 min )
    Omstreden miljonair Sanderink geschorst als topman Strukton en Oranjewoud
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    Vliegvelden krijgen CO2-plafonds opgelegd als 'stok achter de deur'
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    Ontslagronde bij chemiebedrijf Dow kost 127 banen in Nederland
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    Gemeente Deventer zet drones in voor toezicht en controle
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    Miljoenen smartphones kunnen ongemerkt gehackt worden
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    Extra Europees overleg over onrust in bankensector ingelast
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    Deze winter geeft NU.nl je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )
    Opnieuw enorme digitale wachtrij bij aanvragen STAP-budget
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    Miljoenen smartphones van Samsung kunnen ongemerkt gehackt worden
    Een aantal smartphonemodellen van Samsung, Google en de Chinese fabrikant Vivo kunnen op afstand overgenomen worden. Daarvoor waarschuwt Google vrijdag. Aanvallers hebben alleen het telefoonnummer van het slachtoffer nodig om de smartphone te hacken.  ( 3 min )
    Extra Europees overleg ingelast over onrust in bankensector
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    250.000 mensen in digitale wachtrij voor aanvraag STAP-budget
    De digitale wachtrij voor de aanvraag van het STAP-budget telde enkele minuten na de opening van het loket al zo'n 250.000 wachtenden, meldt uitvoeringsinstantie UWV.  ( 3 min )
    FIFA 23 wordt uitgebreid met OneLove-campagne tegen racisme en discriminatie
    EA SPORTS voegt in de aanloop naar de Dag tegen Racisme en Discriminatie op dinsdag 21 maart de OneLove-campagne toe aan het spel FIFA 23. Gamers kunnen een speciaal tenue vrijspelen en hun stadion voorzien van OneLove-uitingen.  ( 3 min )
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    Starters op de woningmarkt zijn door stijgende hypotheekrentes een steeds groter deel van hun inkomen kwijt aan hypotheeklasten. Bijna 33 procent van hun besteedbaar inkomen gaat naar hun hypotheek. Dat is meer dan ooit, zeggen onderzoekers van ING.  ( 4 min )
    Toyota wil Russische fabriek afstoten, zoals Renault en Nissan eerder al deden
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    Grote banken in VS storten miljarden om noodlijdende bank te redden
    Elf van de grootste Amerikaanse banken trekken samen op en investeren 30 miljard dollar (28 miljard euro) om de regionale First Republic Bank uit de problemen te helpen. Die bank dreigde ook slachtoffer te worden van onrust in de bankensector.  ( 4 min )
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  • Open

    Markets Gain on First Republic Bank Aid, Tech Enthusiasm
    U.S. equities indexes moved higher on March 16, 2023, as a group of banks pledged billions to come to the rescue of First Republic Bank (FRC).  ( 1 min )
    First Republic Shares Plunge on Sale Possibility, Credit Rating Downgrade
    Shares of First Republic Bank (FRC) plunged Thursday on a report the struggling regional bank is exploring strategic options, including a sale, and as S&P Global Ratings and Fitch Ratings cut their ratings on its bonds to junk.  ( 1 min )
    5 Things to Know Before Markets Open
    News of the day for March 16, 2023  ( 1 min )
  • Open

    First Republic Gets $30 Billion Lifeline from JPMorgan, Citi, Bank of America, Wells Fargo
    Ailing First Republic Bank got a $30 billion lifeline from eleven of the nation's biggest banks including JPMorgan, Citigroup, Wells Fargo and Bank of America.  ( 1 min )

  • Open

    Top CD Rates Today, March 16
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Yellen Says US Banking System Is Sound
    In Senate testimony, U.S. Treasury Secretary Janet Yellen expressed confidence in the integrity of the banking system after recent bank failures.  ( 10 min )
    Markets Gain on First Republic Bank Aid, Tech Enthusiasm
    U.S. equities indexes moved higher on March 16, 2023, as a group of banks pledged billions to come to the rescue of First Republic Bank (FRC).  ( 10 min )
    Avoid the Social Security Tax Trap
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    Stock Market Crash of 1929: Definition, Causes, Effects
    The Stock Market Crash of 1929 was the start of the biggest bear market in Wall Street's history and signified the beginning of the Great Depression.  ( 17 min )
    How to Pay off Student Loans Fast
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    What is the Federal Reserve Board's market risk capital rule?
    Learn about the market risk capital rule enacted by the Federal Reserve, and understand how it reflects Basel III international banking regulations.  ( 15 min )
    What Is a Bailout? Definition, How They Work, and Example
    A bailout is an injection of money from a business, individual, or government into a failing company to prevent its demise and the ensuing consequences.  ( 19 min )
    First Republic Gets $30 Billion Lifeline from JPMorgan, Citi, Bank of America, Wells Fargo
    Ailing First Republic Bank got a $30 billion lifeline from eleven of the nation's biggest banks including JPMorgan, Citigroup, Wells Fargo and Bank of America.  ( 12 min )
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    Corporate Bankruptcy: How It Works, What It Means for Investors
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    Does the FDIC Cover Business Accounts?
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    Signature Bank Collapse Creates New Challenges for New York Real Estate Players
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    What Is Liquidating? Definition and Process as Part of Bankruptcy
    Liquidate means to convert assets into cash or cash equivalents by selling them on the open market.  ( 20 min )
    Why Entrepreneurship Is Important to the Economy
    Entrepreneurship is important to the economy for a number of reasons, including creating jobs and promoting social change.  ( 18 min )
    How Does the New French Retirement Age Stack Up Globally?
    Amid fervent protests from citizens and lawmakers, French President Emmanuel Macron unilaterally changed the retirement age Thursday. See how it compares to other countries.  ( 12 min )
    First Republic Shares Plunge on Sale Possibility, Credit Rating Downgrade
    Shares of First Republic Bank (FRC) plunged Thursday on a report the struggling regional bank is exploring strategic options, including a sale, and as S&P Global Ratings and Fitch Ratings cut their ratings on its bonds to junk.  ( 11 min )
    Cathie Wood's Ark Investment Raises $16 million for Private Crypto Funds
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    European Central Bank (ECB) Hikes Rates Despite Financial Sector Turmoil
    Despite concerns about a possible banking contagion following the collapse of two U.S. banks, the European Central Bank (ECB) boosted interest rates by 50 basis points (bps), saying "inflation is projected to be too high for too long."  ( 10 min )
    How Are Asset Management Firms Regulated?
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    Today's Mortgage Rates & Trends - March 15, 2023: Rates Move Up
    Rates on 30-year mortgages climbed modestly, reversing a two-day decline that had taken the average to a four-week low.  ( 13 min )
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    Dodd-Frank Act: What It Does, Major Components, Criticisms
    The Dodd-Frank Wall Street Reform and Consumer Protection Act is a series of federal regulations passed to prevent future financial crises.  ( 23 min )
    U.S. Government Pressing ByteDance to Sell TikTok
    The U.S. asks TikTok’s Chinese parent company ByteDance to sell its stake in TikTok or face a possible ban in the country.  ( 11 min )
    5 Things to Know Before Markets Open
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    Credit Suisse Shares Up After Borrowing $54 Billion From Swiss National Bank
    The move will help Credit Suisse shore up liquidity and offer some confidence to investors after its shares took a beating Wednesday.  ( 11 min )
  • Open

    First Republic Bank headed for possible sale after institutional bailout
    First Republic Bank received $30 billion in bailout money from a variety of other banks, including Morgan Stanley and PNC Bank who might offer to purchase FRB.  ( 48 min )
    Stock Market Rallies As 11 Bank Giants Aid First Republic, But FRC Dives Late; Apple, Microsoft Flash Buy Signals
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    In Silicon Valley, a boom era feels like it’s ending
    Silicon Valley is getting a reset -- some could also call it a comeuppance -- after the past 12 to 13 years of insane growth, often irresponsible spending,...  ( 29 min )
    Yellen Trashes GOP Plan to Prioritize Debt Payments
    Appearing before the Senate Finance Committee Thursday, Treasury Secretary Janet Yellen said in no uncertain terms that she does not think a Republican proposal for the U.S. to prioritize its debt payments in the event of a default is viable. The U.S. bumped up against the federal debt limit in January, forcing the Treasury to start taking “extraordinary measures” to make its payments. Absent an increase or suspension in the federal debt limit, the Treasury could be unable to meet its obligation  ( 47 min )
    Schwab Clients Pull $8.8 Billion From Prime Funds in Three Days
    (Bloomberg) -- Charles Schwab Corp. was hit with $8.8 billion in net outflows from its prime money market funds this week as investors scrutinized the brokerage’s resilience amid questions about the health of the wider financial industry.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueFirst Republic Bank Is Exploring Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000The 10 Top US Cities Where a $100,000 Salary Goes the FurthestNew Fe  ( 48 min )
    GE CEO Larry Culp agrees to $10 million cut in compensation
    General Electric CEO Larry Culp has agreed to a cut in his compensation in response to shareholder feedback, according to a regulatory filing on Thursday.  ( 21 min )
    Bend the market like Buffett: Stop checking your stock portfolio — especially on your phone — and you’ll make more money.
    The more you look, the more likely you are to invest in lottery-type stocks, writes Mark Hulbert.  ( 26 min )
    Avoid the Social Security Tax Trap
    Government benefits can cost you big money, which is why it’s so important to know the income thresholds before you file.  ( 19 min )
    Banks Borrow $164.8 Billion From Fed in Rush to Backstop Liquidity
    (Bloomberg) -- Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank’s failure.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueFirst Republic Bank Is Exploring Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000The 10 Top US Cities Where a $100,000 Salary Goes the FurthestNew Fed Bank Backstop Has Scope  ( 48 min )
    Lumen debt exchange shows beaten-down company plans to ‘fight it out’ amid investor doubts
    Lumen is offering to conduct a debt exchange in what one analyst sees as an attempt to "fight it out" amid growing doubts about the telecommunications company.  ( 21 min )
    Nikola to move battery production to Arizona ahead of schedule
    Nikola Corp. said late Thursday it is moving its battery manufacturing from Cypress, Calif., to its Coolidge, Ariz., plant, with the move expected to be...  ( 23 min )
    Buffett loves cash dividends and here’s why you should too – plus 8 stocks with higher yield to get you started.
    Dividend-paying stocks are consistent, defensive and tend to outperform over time, writes Michael Brush.  ( 21 min )
    Bailouts get a bad rap
    Regulators handling the 2023 bank failures can improve on the mistakes that made the 2008 bailouts so hated.  ( 49 min )
    U.S. stocks set for wild swings as trillions in options contracts set to expire Friday
    U.S. stocks could see increasingly wild swings in the coming days as option contracts tied to trillions of dollars in securities are set to expire on Friday,...  ( 21 min )
    Charles Schwab Insiders Loaded Up on Shares
    CEO Walt Bettinger paid $2.97 million to buy 50,000 shares at an average price of $59.31.  ( 23 min )
    FDX Stock Rallies With FedEx Earnings On Deck And Demand In Focus
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    Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
    Bankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.  ( 47 min )
    XPeng Earnings Are Coming. The Stock Could Use Some Good News.
    Wall Street is looking for a per-share loss of about 16 cents from $950 million in sales for the 2022 fourth quarter.  ( 23 min )
    Executives Yank Money From Banks as Some Deposits Look Riskier
    (Bloomberg) -- With Credit Suisse Group AG having wobbled this week and a handful of regional US banks collapsing, company executives are getting more concerned about where they can safely keep their cash.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueIn New York City, a $100,000 Salary Feels Like $36,000Schwab Clients Shift From Prime Funds to Government PortfoliosFirst Republic Bank Is Exploring Options Including a SaleThe 10 Top US Cities Where a $100,000 S  ( 50 min )
    Summers Gives Lagarde an A+, Urges Fed Rate Increase Next Week
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers praised European Central Bank President Christine Lagarde for raising interest rates by a half percentage point Thursday and said the Federal Reserve should follow with its own, smaller, move next week.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueFirst Republic Bank Is Exploring Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000The 10 Top US Cities Where a $100,000 Salary G  ( 47 min )
    Bove Says ‘Crisis Is Over’ as Banks Eye First Republic Rescue
    (Bloomberg) -- The “banking crisis is over,” Odeon Capital analyst Dick Bove said after reports that the nation’s largest private banks will provide $30 billion in liquidity to stabilize First Republic Bank.Most Read from BloombergFirst Republic Bank Is Exploring Options Including a SaleFirst Republic Set to Get $30 Billion of Deposits in RescueIn New York City, a $100,000 Salary Feels Like $36,000The 10 Top US Cities Where a $100,000 Salary Goes the FurthestRyan Reynolds-Backed Mint Is Bought b  ( 47 min )
    Wall Street giants poised to rescue First Republic in $30bn deal
    A group of Wall Street’s largest lenders were on Wednesday night preparing to prop up crisis-hit Californian lender First Republic in a $30bn deal as the fallout from the collapse of Silicon Valley Bank continued.  ( 47 min )
    Microsoft Can’t Afford Turbulence from New Copilot
    New AI software could revolutionize Office apps, but stakes are much higher.  ( 25 min )
    Is Nvidia One of the Best Stocks to Own Right Now?
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    How Does the New French Retirement Age Stack Up Globally?
    Amid fervent protests from citizens and lawmakers, French President Emmanuel Macron unilaterally changed the retirement age Thursday. See how it compares to other countries.  ( 13 min )
    Former Wells Fargo Executive Headed to Prison
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    Retirement Planning Tips in Your Mid-60s and Beyond
    Retirement planning can be tricky. These retirement planning tips can help you figure out the best way to save smarter if you're in your mid-60s and beyond.  ( 17 min )
    Cathie Wood Plows Millions Into Her Newest Investment
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    The Worst Is Over For PC, Smartphone Chip Stocks, Analyst Says
    No content preview
    Elon Musk Frets As Microsoft Axes AI Ethics Team, Richard Branson's Virgin Orbit Stops Ops, Credit Suisse To Borrow Up To $54B: Today's Top Stories
    https://cdn.benzinga.com/files/images/story/2023/03/16/elon_musk_at_a_press_conference.jpg?optimize=medium&dpr=2&auto=webp&crop=1200%2C800 Benzinga Amid Thin Twitter Safety Staff, Elon Musk Frets Over Microsoft Reportedly Axing AI Ethics Team Elon Musk fusses over Microsoft Corporation (NASDAQ: MSFT), reportedly firing its AI Ethics and Society team amid concerns about the reduced Twitter workforce. Musk reacted to a news report about Microsoft slashing its Ethics and Society team within the art  ( 49 min )
    Blink Charging Gets Big USPS Contract. The Stock Drops.
    The EV infrastructure provider it will sell up to 41,500 EV charging units to the Post Office.  ( 23 min )
    Buffett Sees Occidental Buying Window as Crude Slump Hits Shares
    (Bloomberg) -- Occidental Petroleum Corp.’s weaker share price — dragged down by crude oil’s latest rout — is giving Warren Buffett another chance to expand his stake.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits in RescueIn New York City, a $100,000 Salary Feels Like $36,000First Republic Bank Is Exploring Options Including a SaleThe 10 Top US Cities Where a $100,000 Salary Goes the FurthestSchwab Clients Shift From Prime Funds to Government PortfoliosThe billionaire  ( 46 min )
    3 Dividend-Paying REITs Trading Below Book Value
    Trading below book value and paying a dividend are two key characteristics of a value stock, and these three real estate investment trusts (REITs) qualify: Dynex Capital Inc. (NYSE: DX), Hersha Hospitality Trust (NYSE: HT) and RPT Realty (NYSE: RPT) may be worth a closer look for investors seeking those qualities. No guarantees of profitability exist, and value stocks can stay depressed for longer than is pleasant, but with these, you receive a dividend while you wait. The idea, developed by leg  ( 47 min )
    ‘Deadpool’ star turned business mogul Ryan Reynolds is on a roll with Mint Mobile deal
    Reynolds reportedly owns between 20% and 25% of Mint Mobile, as well as part of a Welsh football club. He also sold Aviation Gin in 2020 for over $300 million.  ( 25 min )
    French President Macron is setting an example: Raising the retirement age could solve financial and demographic problems, even if workers hate the idea
    France, the U.K. and China are talking about increasing retirement ages — here’s what’s happening in the U.S.  ( 21 min )
    Bank Crisis: Yellen Speaks To Senate As Big Banks Discuss First Republic Bank Aid
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    Stock Market Gains Ground; Bank Stocks Recover While Warren Buffett Makes Big Move
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    JPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic Bank
    The beleaguered lender is working on various potential options to shore itself up including a capital raise.  ( 26 min )
    Warren Buffett's Berkshire Hathaway Boosts Its Stake In Occidental Petroleum
    Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) acquired more shares in Occidental Petroleum Corp (NYSE: OXY), increasing its stake to about 23.1%, according to a regulatory filing. According to the filing, Berkshire paid about $466.68 million for 7.9 million Occidental shares between March 13 and March 15. Earlier this month, Berkshire Hathaway resumed its purchases of Occidental Petroleum shares after a gap of five months. Berkshire Hathaway's company now owns about 208.04  ( 46 min )
    Pay My Legal Bills Before Anyone Else, Sam Bankman-Fried Tells FTX
    The disgraced founder of the failed cryptocurrency exchange is facing legal bills in the millions of dollars and wants "priority" access to the firm's director and officer insurance.  ( 46 min )
    First Republic Goes From Wall Street Raider to Seller in Days
    (Bloomberg) -- Just days ago, First Republic Bank boasted of another coup for its wealth-management business: poaching a six-person team from Morgan Stanley in Los Angeles.Most Read from BloombergFirst Republic Bank Is Exploring Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000Credit Suisse Is In Crisis. What Went Wrong?Ryan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionCredit Suisse Reels After Top Shareholder Rules Out Raising StakeThat followed hirin  ( 50 min )
    Billionaire David Rubenstein Loaded Up on These 2 Beaten-Down Stocks — Here’s Why They Could Bounce Back
    Will Silicon Valley Bank’s collapse influence the policy makers to take a more forgiving stance regarding its interest rate hiking endeavors? Word on the Street is that it is a possibility, but David Rubenstein is not so sure – the billionaire investor thinks the Fed will find the middle ground in its continued efforts to rein in inflation. “I suspect 25 basis points is the split-the-baby decision that’s most likely,” Rubenstein said ahead of the Federal Reserve’s meeting next week. Whether Rube  ( 50 min )
    SIPC vs. FDIC: Do You Really Know The Differences Between Them?
    Whether you're saving money in a bank account or investing it in the market, you want some reassurance that it's safe. The Federal Deposit Insurance Corporation (FDIC) and the Securities Investor Protection Corporation (SIPC) ensure banks and other financial institutions, … Continue reading → The post SIPC vs. FDIC: Understanding Key Differences appeared first on SmartAsset Blog.  ( 50 min )
    Are Certificates of Deposit (CDs) FDIC-Insured?
    Certificates of deposit (CDs) offer a great, more structured way to save. CDs have specific time terms that typically vary from a few months to a decade. After you make your initial deposit, you can't access your funds until the … Continue reading → The post Are Certificates of Deposit (CDs) FDIC-Insured? appeared first on SmartAsset Blog.  ( 48 min )
    Warren Buffett Loads Up On Occidental Stock As Energy Stocks Plummet
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    Virgin Orbit Furloughs Staff, Halts Operations While It Seeks Funding
    (Bloomberg) -- Virgin Orbit Holdings Inc. shares tumbled after the Richard Branson-founded satellite launch firm said it would halt operations while attempting to secure more funding.Most Read from BloombergFirst Republic Bank Is Exploring Options Including a SaleIn New York City, a $100,000 Salary Feels Like $36,000Credit Suisse Is In Crisis. What Went Wrong?Ryan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionCredit Suisse Reels After Top Shareholder Rules Out Raising StakeThe comp  ( 46 min )
    Designer Brands Sales Slow in Q4, Profit Beats Expectations
    Net sales from owned brands, a major focus for the footwear retailer, were up 32.1% in 2022.  ( 46 min )
    Dow Jones Futures Fall After Surprise Drop In Jobless Claims; First Republic Crashes 35% On Possible Sale
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    Intel’s stock nabs an upgrade: ‘Things are moving enough in the right direction.’
    Susquehanna upgraded Intel's stock to neutral from negative Thursday as part of a broader re-evaluation of the chip landscape.  ( 20 min )
    Proterra Stock Drops. The Electric Bus Maker Issued a ‘Going Concern.’
    Fourth-quarter adjusted Ebitda at Proterra was a negative $60 million from $80 million in sales.  ( 23 min )
    First Republic Bank Is Reportedly Looking for a Buyer
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    Are My Assets Safe if a Spouse or I Go into a Nursing Home?
    While so many people are financially prepared for the amount they will need in retirement, many fail to consider how their situation might change due to a disability. Unfortunately, a disability is the most common reason for nursing home placement. By … Continue reading → The post Asset Protection If a Spouse Goes into a Nursing Home appeared first on SmartAsset Blog.  ( 50 min )
    Can I Retire at 50 with $5 Million?
    Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn't get to in your career and make memories with friends and family. However, leaving the workforce 12 years before you … Continue reading → The post Is $5 Million Enough to Retire on at 50? appeared first on SmartAsset Blog.  ( 52 min )
    Stock market news today: Stock futures mixed ahead of ECB decision
    Stock futures were mixed on Thursday ahead of a key decision from the ECB and continued uncertainty about the health of the U.S. banking system.  ( 48 min )
    First Republic Extends Rout as Bank Is Said to Weigh Options
    (Bloomberg) -- First Republic Bank shares plunged in premarket trading on Thursday, extending a week-long rout as executives consider courting a buyer to prop up the bank in the wake of the collapse of several regional peers.Most Read from BloombergFirst Republic Bank Is Exploring Options Including a SaleCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionIn New York City, a $100,000 Salary Feels Like $36,000Credit Sui  ( 46 min )
    Nucor stock falls after downbeat profit outlook
    Shares of Nucor Corp. fell 0.6% toward a 2 1/2-month low in premarket trading Thursday, after the steelmaker provided a first-quarter profit outlook that was...  ( 20 min )
    First Republic Bank sinks on possible sale reports, and Credit Suisse’s stock boosted by central bank borrowing
    Snap, Meta rise on Biden threat to Bytedance, and Baidu falls as AI-bot disappoints investors  ( 20 min )
    Esperion’s stock tumbles after disclosing dispute about milestone payment
    Shares of Esperion Therapeutics Inc. plunged about 56% in premarket trading on Thursday, the day after the company told investors that there is a dispute...  ( 20 min )
    Contract Manufacturer Jabil Delivers Beat-And-Raise Quarterly Report
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    Meta ‘hoarded us like Pokemon cards’: Former staffer reveals she had to ‘fight for work’ at company
    "It puts you in the position where it's really difficult to get another job," ex-employee Brit Levy said. "It's a tradeoff and it sounds great, but it's going to really screw up people's careers."  ( 48 min )
    Cathie Wood Found A Clever Way To Profit From Bank Mayhem
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    Here's How I'd Play FedEx Ahead of Earnings
    Let's check the charts and indicators.  ( 10 min )
    Western Alliance Bancorp stock falls as Fitch places company on negative rating watch
    Western Alliance Bancorp stock fell 8% in premarket trades after credit rating agency Fitch Ratings placed the company’s debt and deposit ratings on rating...  ( 20 min )
    LivePerson stock plummets after surprise loss and revenue decline, as Medicare suspending reimbursements pending review
    Shares of LivePerson Inc. plummeted 41.2% toward a seven-year low in premarket trading Thursday, after the provider of natural-language chat services using...  ( 20 min )
    Exxon has started work on biggest refinery expansion in the U.S. since 2012
    An earlier version of this article incorrectly characterized it as a new investment, when Exxon announced it more than four years ago. The news today is the...  ( 20 min )
    SpaceX Rival Virgin Orbit Needs Cash, Halts Operations. Stock Plunges.
    The company has hit the pause button "in order to conserve capital" while it seeks funding sources.  ( 23 min )
    First Republic Stock Tumbles On Report Bank Exploring Sale Option
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    Biden's claim that Silicon Valley Bank bailout wouldn't cost taxpayers contradicts fiscal reality: economist
    The Biden administration has insisted taxpayers will not be on the hook for the recent bailout of SVB, but a Heritage economist says that "doesn't pass the smell test."  ( 50 min )
    The UN wants to reflect sunlight back into space in order to cool the earth — but some companies are harnessing it instead. Here are 3 high-flying solar stocks that Wall Street likes
    Emission-free energy is ready and plentiful.  ( 49 min )
    First Republic Bank slides another 15% premarket after reports it’s mulling a possible sale
    First Republic Bank stock tumbled another 15% in premarket trade Thursday, amid reports it’s exploring its strategic options, including a potential sale of...  ( 20 min )
    How deep is the rot in America’s banking industry?
    Silicon Valley Bank may be the start of something grimmer  ( 52 min )
    Europe's central bank backs big rate hike despite bank chaos
    The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system. The ECB hiked rates by half a percentage point Thursday, underlining its determination to fight high inflation. ECB President Christine Lagarde said last week that it was “very likely” the bank would raise its benchmarks by a half-percentage point, part of a series of rapid rate hikes aimed at getting inflation down from 8.5% — far above the bank’s target of 2%.  ( 49 min )
    Stocks Lower, Credit Suisse Lifeline, ECB Rate Decision, First Republic Sale, FedEx Earnings - Five Things To Know
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    European Stocks Waver as Credit Suisse Shares Soar: Markets Wrap
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    How Credit Suisse just unleashed a nightmare decision for the Fed and the ECB
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    These Stocks Are Moving the Most Today: Credit Suisse, Snap, Adobe, UiPath, and More
    Credit Suisse will exercise an option to borrow as much as $54 billion from the Swiss National Bank, Snap surges on a report the Biden administration is demanding the sale of the U.S. arm of TikTok, and Adobe boosts its fiscal-year outlook.  ( 24 min )
    First Republic Bank and SVB Made the Same Flawed Bet. They’re Paying Now.
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    JPMorgan Joins Those Saying Cash in Bond Gains as Hikes Loom
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    Virgin Orbit pauses operations and reportedly furloughs staff
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    JPMorgan Says Fed’s Loans Will Provide $2 Trillion of Liquidity
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    Charles Schwab CEO and other insiders scoop up nearly $7 million in stock amid selloff
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    Dow Jones Futures Rise As Credit Suisse Taps $54 Billion From Swiss National Bank
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    Berkshire Buys More Occidental Stock, Now Holds 23% Stake
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    First Republic Bank reportedly exploring its options, including a possible sale
    Embattled First Republic Bank is exploring its strategic options, including a potential sale, according to a new report.  ( 20 min )
    Ex-Wells Fargo exec to plead guilty for role in bank scandal
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  • Open

    Olieprijzen zakken naar laagste punt in vijftien maanden
    De prijzen van olie zijn de voorbije dagen gezakt naar het laagste punt sinds december 2021. Voor een vat Noordzeeolie betaalden handelaren woensdag en donderdag op sommige momenten minder dan 73 dollar (zo'n 69 euro). Ook Amerikaanse olie werd flink goedkoper.  ( 3 min )
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    Ondanks onrust verhoogt ECB de rente opnieuw in strijd tegen inflatie
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    Netbeheerder Liander rolde vorig jaar veel minder illegale hennepkwekerijen op
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    Credit Suisse leent 50 miljard frank van Zwitserse centrale bank
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    Aantal werklozen in februari licht gedaald naar 356.000
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    Voor je statiegeld mag het blikje wel gedeukt zijn, maar niet geplet
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  • Open

    Blackrock CEO Fink Flags Persistent Regional Bank Risk and Higher Rates
    BlackRock Inc CEO Larry Fink warned investors on Wednesday the U.S. regional banking sector was still at risk and that higher inflation and interest rates were here to stay.  ( 1 min )
    T-Mobile Acquires Ryan Reynolds-Backed Mint Mobile for $1.35bn
    T‑Mobile will acquire Mint mobile for $1.35 billion as the company wants to boost its marketing and 5G market share.  ( 1 min )
    Reopened SVB Entices Depositors with FDIC Protections
    New SVB CEO implored customers to return their assets to the bank, as FDIC action made it one of the "safest of any bank or institution in the country."  ( 1 min )
  • Open

    Has U.S. Oil Drilling Finally Reached its Zenith?
    An array of market realities, not the inability to find or drill more oil, may limit U.S. producers long-term.  ( 1 min )
    Shares of Credit Suisse Plummet to New All-Time Lows
    Shares of Credit Suisse (CS) plunged to new all-time lows Friday after the bank's largest shareholder indicated it would not increase its holdings, fueling more turmoil in the global banking sector already shaken by the collapse of Silicon Valley Bank and Signature Bank.  ( 1 min )
    Markets Pare Big Losses, End Mixed on Banking Fears
    U.S. stocks were volatile on March 15, 2023, falling for most of the day before ending mixed as concerns about banks rippled through the markets.  ( 1 min )
    5 Things to Know Before Markets Open
    News of the day for March 15, 2023  ( 1 min )
    Shares of Credit Suisse Plummet to All-Time Lows
    Shares of Credit Suisse (CS) plunged to all-time lows Wednesday after the bank's largest shareholder indicated it would not increase its holdings, fueling more turmoil in the global banking sector already shaken by the collapse of Silicon Valley Bank and Signature Bank.  ( 1 min )

  • Open

    Buy These 2 EV Charging Stocks, Needham Says, Forecasting Over 50% Upside
    While electric vehicles (EVs) are currently a small part of the world’s auto fleets, their numbers are growing. EVs are benefitting from a mix of tailwinds, including improved technologies, social approval, and political will, combining to give a strong impetus to the EV industry. The rapid expansion of EVs has opened up wide fields of opportunity for investors. While the car makers tend to soak up the headlines (think Elon Musk’s Tesla), there are also companies working on charging stations, ba  ( 49 min )
    First Republic Bank Is Said to Weigh Options Including a Sale
    (Bloomberg) -- First Republic Bank, the San Francisco-based lender that was cut to junk by S&P Global Ratings and Fitch Ratings on Wednesday, is exploring strategic options including a sale, according to people with knowledge of the matter.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionTraders Dash for Cover as Bank Drama Rattles Globe: Markets WrapSwiss Government Holds Talks on Options to  ( 47 min )
    Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
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    Adobe results, outlook top Street views as ‘mission critical’ software tops spending priorities
    Adobe shares rallied in the extended session Wednesday after the software company topped Wall Street expectations and hiked its outlook for the year.  ( 25 min )
    Top CD Rates Today, March 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 49 min )
    Adobe Stock Rallies After Earnings Top Estimates
    Adobe said it still expects to close its Figma acquisition by the end of the year. The company also boosted its outlook for the full year.  ( 23 min )
    Microsoft Improves Position In Artificial Intelligence With GPT-4
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    Adobe Stock Jumps As Creative Software Firm Beats Quarterly Targets
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    GOOGL's 37% Growth Off Flat Base Bears This Lesson About Growth Stocks
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    Bank of England in emergency talks as crisis deepens at Credit Suisse
    One of Europe’s biggest banks sparked global market turmoil on Wednesday amid fears it is on the brink of financial disaster.  ( 49 min )
    UiPath stock surges as results, outlook beat expectations
    UiPath Inc. stock rose sharply in after-hours trading Wednesday after the company's fourth-quarter results and outlook exceeded Wall Street's expectations.  ( 20 min )
    Fifth Third board member bought $1.3 million worth of stock after it tumbled
    A Fifth Third director spent more than a million dollars to buy the bank's shares after a dip, but then they dipped even further.  ( 21 min )
    More banks could go under, warns Larry Fink
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    Here’s why a failure of Credit Suisse matters to U.S. investors
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    3M ‘hasn’t done anything wrong’ in Combat Arms earplugs case, CFO says
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    Medicare identifies drug makers that will owe penalties for raising prices on 27 drugs faster than rate of inflation
    The Biden administration is making good on promises to help lower drug costs, though the impact is largely for Medicare patients.  ( 47 min )
    Semiconductor Stocks Climb Yet Inventories Bedevil Chip Industry; A Reality Check May Be Coming
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    You'll Never Believe the 'Dumbest' Stock Warren Buffett Ever Bought
    Business magnate Warren Buffett has long been hailed as one of the greatest value investors in modern America. Through decades of mergers and acquisitions, great investments and adhering to austere investing principles, Buffett earned this title as well as the title World's Richest Person in 2008. Buffett invested in the early stages of The Coca-Cola Co., American Express Co. and several other modern behemoths, mostly before they were the titans you know today. But even Buffett has made some poo  ( 47 min )
    Is AMD Stock A Buy Before Chipmaker's March-Quarter Report?
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    Switch to Roth Contributions If You Have This Much Money
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    Savers could end up being big winners after SVB collapse
    Several banks increased the yields on their deposit account products following the collapse of two banks.  ( 47 min )
    Stocks trim losses after report Credit Suisse, Swiss authorities hold talks
    U.S. stocks trimmed sharp losses Wednesday afternoon following a report that Swiss authorities and Credit Suisse held talks aimed at stabilizing the troubled...  ( 20 min )
    Charles Schwab CEO says he took advantage of the recent dip. Here are 3 other bank stocks insiders are buying now
    ‘Buy the dip’ has not become the ubiquitous phrase it is for no reason. With bank stocks recently falling in unison whether they are in danger of meeting the same fate as SVB and Signature bank or not, there are plenty of ‘buy the dip’ opportunities investors can take advantage of right now. And that’s what one CEO has been doing. Having watched shares of his firm Charles Schwab drop by more than 30% since the crisis began, CEO Walter Bettinger said on Tuesday that he purchased 50,000 shares for  ( 50 min )
    Goldman Sachs slashes U.S. GDP forecast, warns of economic ripple effects from banking rout
    The growth outlook dims.  ( 47 min )
    IBD Screen Of The Day: AMD, Chipotle Boast Rising Profit Estimates
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    Chevron, Exxon Mobil Falter As Oil Prices Skid To 15-Month Lows
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    ThermoGenesis Rolls Out Manufacturing Suites For Use In Early-Stage Cell, Gene Therapy, Shares Soar
    ThermoGenesis Holdings Inc (NASDAQ: THMO) is rolling out a new facility in the Sacramento metro area, containing 12 class-7, ReadyStart cGMP Suites available for lease by early-stage life science and cell gene therapy companies. The roll-out of the ReadyStart Suites is part of ThermoGenesis' previously announced plan to transform from a medical device company to a contract development and manufacturing organization in the cell gene therapy field. The facility is expected to be available for cust  ( 45 min )
    Was Berkshire Hathaway Buying Bank of America Stock? We’ll Find Out Soon.
    If CEO Warren Buffett was a buyer Monday, his company would have to report it later on Wednesday.  ( 24 min )
    Tesla faces new lawsuit over monopoly power in repairs, parts business
    Tesla’s latest legal issue centers around a growing frustration with owners - obtaining parts and repairs. In a suit seeking class action status in federal court in San Francisco, an owner of a Model S is suing Tesla claiming she must pay exorbitant repair costs and face long wait times for service.  ( 48 min )
    Crude Oil: Let's Get to the Bottom of Where Prices Are Headed
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    Credit Suisse Needs Capital Raise or Break-Up, Morningstar Says
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    Oil prices crater as inventories build, fears ripple through global markets
    Oil prices have fallen sharply in recent days amid growing inventories and broad stresses following the failure of multiple U.S. banks.  ( 48 min )
    Credit Suisse Shares Plunge as Bank Storm Spreads to Europe
    Shares in the Swiss lender hit a fresh record low, reflecting increasing concerns that troubles that hit regional U.S. banks have migrated across the Atlantic.  ( 29 min )
    Is Microsoft Stock a Buy? Here's the Hurdle It Must Clear.
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    Is It History or the Charts That Make Me Wary of Charles Schwab?
    Let's look at both as we examine SCHW amid the banking crisis.  ( 11 min )
    Why Jounce Therapeutics Stock Is Moving Higher Today?
    The Board of Directors of Jounce Therapeutics Inc (NASDAQ: JNCE) confirmed that Concentra Biosciences LLC made an unsolicited and non-binding proposal to acquire 100% of the equity of Jounce. Tang Capital Partners LP is the controlling shareholder of Concentra Biosciences. Tang Capital is approximately a 10.2% shareholder of Jounce. The Proposal consists of $1.80 in cash per share plus a contingent value right (CVR) representing the right to receive 80% of the net proceeds payable from any licen  ( 45 min )
    If battered bank stocks look tempting now, these buying tips can help you cash in
    There are good reasons to make this contrarian investment, writes Michael Brush.  ( 21 min )
    FedEx earnings could add to market jitters
    Global shipping giant FedEx will publish its fiscal third quarter results on Thursday (March 16) and is expected to report a fall in profit. Earnings per share and revenue are projected to have dipped compared to a year earlier on weaker demand in the US, Europe, and Asia, and sluggish activity in its Express unit.  ( 46 min )
    US Treasury Says It’s Monitoring Credit Suisse Situation
    (Bloomberg) -- The US Treasury Department is monitoring the Credit Suisse situation, a spokesperson said Wednesday, after the bank’s biggest shareholder ruled out boosting its stake and the stock fell the most on record.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Raising StakeRyan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 BillionBofA Gets More Than $15 Billion in Deposits After SVB FailsSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseStock R  ( 46 min )
    Cash in your brokerage account may be costing you thousands
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    Three U.S. Banks Collapsed in a Week. Here's Why Others Might Follow.
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    Warren Buffett Stocks: GOOGL Among 39 Names On This Screen
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    America’s Largest Owner of Local Sports Channels Files for Bankruptcy
    (Bloomberg) -- America’s largest owner of local sports channels filed for bankruptcy after its efforts to pivot its business model were stymied by its unwieldy balance sheet.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Upping StakeBofA Gets More Than $15 Billion in Deposits After SVB Fails‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseWall Street Frets Over Bank ‘Dominoes’ in Wild Day: Mark  ( 48 min )
    U.S. oil benchmark drops to 14-month low as recession fears mount
    Oil futures extend losses, with the U.S. benchmark touching its lowest intraday level since December 2021.  ( 21 min )
    Fed Traders Price In 100 Basis Points of Rate Cuts From May Peak
    (Bloomberg) -- Government debt yields plunged globally as mounting financial-stability concerns prompted bond traders to abandon bets on additional central-bank rate hikes and begin pricing in cuts by the Federal Reserve.Most Read from BloombergCredit Suisse Reels After Top Shareholder Rules Out Upping StakeBofA Gets More Than $15 Billion in Deposits After SVB Fails‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseWall Stre  ( 47 min )
    Why Ebix Shares Are Plunging Today
    Ebix, Inc (NASDAQ: EBIX) reported a fourth-quarter FY22 revenue decline of 4% year-on-year to $255.21 million, beating the consensus of $251.04 million. The decrease is primarily due to the negative effect of the substantial strengthening of the U.S. dollar. On a constant currency basis, Q4 2022 revenues increased 5% Y/Y. Segments: EbixCash Exchanges revenue declined by 6% Y/Y to $188.9 million, Insurance Exchanges revenue declined by 1% Y/Y to $43.8 million, and RCS revenue was flat Y/Y to $22.  ( 45 min )
    Musk’s Tesla sued by drivers over repair charges and waiting times
    Tesla owners have sued Elon Musk’s electric carmaker for allegedly abusing its stranglehold on repairs to overcharge and impose lengthy delays.  ( 47 min )
    Apple Joins Cost Cut Bandwagon, Eases On Bonus, Hiring, Triggers Employee Fears Of Layoffs
    Apple Inc (NASDAQ: AAPL) is postponing perks for some corporate divisions and expanding a cost-cutting effort joining its peers in streamlining operations amid business slowdown and economic uncertainties. The shift will reduce the frequency of bonuses for a portion of Apple's corporate workforce, Bloomberg reports. Apple is also restricting hiring and leaving additional positions open after employee departure. On Tuesday, Meta Paltforms Inc (NASDAQ: META) shared a second downsizing drive, slash  ( 46 min )
    The US may be on the brink of a nuclear renaissance; Here are 2 stocks under $5 that stand to benefit
    It’s no secret that we’re on the edge of a global energy crisis. Electric utility prices are high – and rising – worldwide, while political winds are pushing to replace fossil fuels with cleaner wind or solar power. The price crunch is exacerbated by the underlying costs of those clean power technologies, in the form of materials and required backup generation capacity. And that has many governments and power utilities taking a second look at nuclear power. Say ‘nuclear power’ and far too may pe  ( 50 min )
    Ryan Reynolds Sells Mint Mobile for $1.35 Billion to T-Mobile
    T-Mobile said Wednesday that it would pay 39% in cash and 61% in stock for Mint Mobile’s parent company, Ka’ena Corp.  ( 25 min )
    First Republic Bank Cut to Junk by S&P on Deposit Outflow Risk
    (Bloomberg) -- First Republic Bank was cut to junk by S&P Global Ratings amid concern that clients pull holdings from the lender, a move that comes after US regulators pledged support for the banking sector.Most Read from BloombergCredit Suisse Fights to Win Back Confidence as Stock SlumpsBofA Gets More Than $15 Billion in Deposits After SVB Fails‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseRussian Fighter Jet Collides  ( 47 min )
    Analysts Just Gave These REITs Strong Upside Price Bumps
    Wall Street analysts sometimes see room for improvement in the price targets of certain stocks, which can be an opportunity for investors to quickly pick up shares that have the potential for strong appreciation. For dividend stocks such as real estate investment trusts (REITs), this is sometimes an opportunity to acquire a REIT while the yield is high as well. Here are four REITs whose recent prices are well below recent analyst price target increases, offering a potential opportunity for stron  ( 48 min )
    Analysts Becoming Bullish On These Two REITs
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    Ryan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 Billion
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    Fed Rate-Hike Odds Drop As Retail Sales Fall; S&P 500 Slides
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    Dow opens down 500 points as Credit Suisse reignites bank woes
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    Exxon’s Texas Plant Is Likely the Last Major US Refinery Project
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    Dow Jones Futures Dive 650 Points On Renewed Banking Fears As Credit Suisse Crashes 28%
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    Credit Suisse Stock Craters To Record Low, Europe Banks Retreat, Weakness Spills To U.S.
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    Bank Stocks Fall as Credit Suisse Raises Fresh Concerns About Europe
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    Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off
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    Nouriel Roubini says Credit Suisse collapse would be like a Lehman moment
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    Oatly stock soars after revenue rises above expectations, $425 million in financing secured
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    Credit Suisse Ignites Fresh Bank Turmoil As SVB Collapse Spills Into Europe; US Stocks Tumble
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    Bank of America won big from the Silicon Valley Bank collapse
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    Credit Suisse Sinks, Fueling $60 Billion Rout in European Banks
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    All 30 Dow stocks are falling, led by financial sector members Goldman, Travelers, JPMorgan Chase
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    Citi upgrades Truist to buy because bear case seems ‘flawed’
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    SVB collapse leads to big paydays for short sellers
    The shorts have cleaned up.  ( 46 min )
    What the Banking Panic Means for Fed Rates Next Week
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    Credit Suisse shares tumble to new record low as European banking sector reels
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    Dow futures dive over 400 points as Credit Suisse woes reignite bank sector angst, with retail sales data ahead
    The mood in stock markets was initially calmer as traders eyed retail sales and producer prices data due Wednesday.  ( 21 min )
    It’s raining money on Bank of America. Inflows of over $15 billion reportedly seen amid SVB fallout
    Rattled by the collapse of three U.S. banks within a week, customers poured $15 billion into the too-big-to-fail bank.  ( 21 min )
    China’s Central Bank Takes Up Xi Call to Fight US ‘Containment’
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    Synchrony Financial’s February loan delinquencies, net charge-offs rise from last month and from a year ago
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    Stocks Slump, Charles Schwab Support, Credit Suisse Wobbles, Foxconn Caution, Adobe Earnings - Five Things To Know
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    I’m 36 with $435,000 and want to retire early — ‘the earlier the better’ — but without a frugal lifestyle
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    I’m 70 and weighing whether to ‘sell everything’ and put it all in Treasuries, or hire a financial adviser even though it would cost $20K a year. What should I do?
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    Credit Suisse Default Swaps Are 18 Times UBS, 9 Times Deutsche Bank
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    Zuckerberg returns Silicon Valley to regularly scheduled programming: Morning Brief
    More than just burying one of their banks, rising rates are pushing the tech industry to a "year of efficiency."  ( 48 min )
    European Stocks, US Futures Slip on Rate-Hike Bets: Markets Wrap
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    The U.S. housing market could face 2 big changes in the wake of Silicon Valley Bank’s collapse, says Zillow
    Zillow chief economist gives two predictions for how the shutdown of Silicon Valley Bank could impact the housing market in 2023.  ( 47 min )
    Credit Suisse Chairman Says State Assistance ‘Not a Topic’
    (Bloomberg) -- Credit Suisse Group AG Chairman Axel Lehmann said government assistance “isn’t a topic” for the lender as the Swiss bank seeks to shore up confidence among clients, investors and regulators after a series of missteps.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapBofA Gets More Than $15 Billion in Deposits After SVB FailsRussian Fighter Jet Collides With US Drone Over Black SeaSignature Bank Faced Criminal Probe Ahead of Firm’s CollapseUS Co  ( 48 min )
    Is your money safe? Where should you put your cash after Silicon Valley Bank closure? Financial advisers offer some tough love.
    'Rushed action leads to more pain,' one financial adviser says.  ( 21 min )
    Goldman bought the portfolio SVB reportedly booked losses on
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    How a law passed by Donald Trump ignited the latest banking calamity
    “Americans can rest assured that our banking system is safe. Your deposits are safe.” As guarantees go, they don’t come much better than a personal one from the US president – delivered from the White House lectern too, for added punch.  ( 49 min )
    Dow Jones Futures: Nasdaq Leads Rally, But Look For This; Meta Stock Flashes Buy Signal
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    State Street Sees Moody’s US Banking Cut ‘Terrible Overreaction’
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    Household Retailer Boxed Is Negotiating With Lenders for Bankruptcy Sale
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    The roles Goldman Sachs played in the final days of Silicon Valley Bank
    The Wall Street giant purchased securities and attempted to raise capital as Silicon Valley Bank tried to survive, according to filings.  ( 47 min )
  • Open

    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 21 min )
    Swiss Authorities Pledge to Support Credit Suisse
    Switzerland’s central bank said Wednesday it’s ready to provide financial assistance to Credit Suisse Group, the nation’s second-largest lender, whose stock slid to all-time lows after the bank’s top shareholder indicated it wouldn’t invest further in the company.  ( 11 min )
    Goldman Cuts GDP Forecast on Banking Concerns
    Goldman Sachs reduced its forecast for 2023 U.S. economic growth on concerns that turmoil in the banking sector could lead to a lending pullback.  ( 10 min )
    Top CD Rates Today, March 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 10 min )
    Markets Pare Big Losses, End Mixed on Banking Fears
    U.S. stocks were volatile on March 15, 2023, falling for most of the day before ending mixed as concerns about banks rippled through the markets.  ( 11 min )
    Watch Out for ‘Junk’ Mortgage Fees
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    What Is a Junk Fee?
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    How Much of Regional Banks' Deposits Aren't FDIC Insured?
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    Producer Price Index (PPI): What It Is and How It's Calculated
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    Where Can You Cash Checks?
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    Reopened SVB Entices Depositors with FDIC Protections
    New SVB CEO implored customers to return their assets to the bank, as FDIC action made it one of the "safest of any bank or institution in the country."  ( 12 min )
    Blackrock CEO Fink Flags Persistent Regional Bank Risk and Higher Rates
    BlackRock Inc CEO Larry Fink warned investors on Wednesday the U.S. regional banking sector was still at risk and that higher inflation and interest rates were here to stay.  ( 11 min )
    Today's Mortgage Rates & Trends - March 15, 2023: Rates Move Up
    Rates on 30-year mortgages climbed modestly, reversing a two-day decline that had taken the average to a four-week low.  ( 12 min )
    FDIC Insured Account Definition, Requirements, Pros/Cons
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    Shares of Credit Suisse Plummet to All-Time Lows
    Shares of Credit Suisse (CS) plunged to all-time lows Wednesday after the bank's largest shareholder indicated it would not increase its holdings, fueling more turmoil in the global banking sector already shaken by the collapse of Silicon Valley Bank and Signature Bank.  ( 12 min )
    Methodology for Savings Accounts & CD Rankings
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    Shares of Credit Suisse Plummet to New All-Time Lows
    Shares of Credit Suisse (CS) plunged to new all-time lows Friday after the bank's largest shareholder indicated it would not increase its holdings, fueling more turmoil in the global banking sector already shaken by the collapse of Silicon Valley Bank and Signature Bank.  ( 12 min )
    Has U.S. Oil Drilling Finally Reached its Zenith?
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    What Is a Trader and What Do Traders Do?
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    Shelf Offering: What It Is, How It Works, Advantages, and Example
    A shelf offering is an SEC rule allowing an issuer to register new partial issues  ( 15 min )
    U.S. Investigated Signature Bank Before Seizure
    Justice Department investigators in Washington and Manhattan were examining if the New York-based bank had sufficient safeguards to detect potential money laundering by clients.  ( 12 min )
    Drugmakers May Face Inflation Fines
    Makers of 27 prescriptions drugs, where Q4 2022 price increases outpaced inflation, will have to offer rebates to Medicare beneficiaries or pay fines.  ( 11 min )
    Producer Prices Unexpectedly Fell in February
    Wholesale inflation unexpectedly dropped last month to the lowest annual rate in almost two years as prices for food and energy declined.  ( 11 min )
    Individual Investors Still Skittish Amid Persistent Inflation and Bank Worries
    Individual investors are still cautious with their investments and continue to curb their risk appetite amid a rise in market volatility, uncertainty around interest rates and inflation, and recent concerns about the health of the nation’s financial sector.  ( 11 min )
    T-Mobile Acquires Ryan Reynolds-Backed Mint Mobile for $1.35bn
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    M1 Finance vs Wealthfront: Which Is Right for You?
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    The History of the FDIC
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    5 Things to Know Before Markets Open
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    Personal Finance Influencer Red Flags
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    The Biggest Financial Hurdles Young People Face
    If you want to manage your finances responsibly, you’ll need to overcome four big challenges.  ( 16 min )
    Cost of Revenue: What It Is, How It's Calculated, Example
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    Financial Ratios to Spot Companies Headed for Bankruptcy
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  • Open

    Zwitserse centrale bank zal geplaagd Credit Suisse steunen wanneer nodig
    De Zwitserse centrale bank belooft de geplaagde bank Credit Suisse financiële steun als dat nodig is. Dat heeft de centrale bank woensdag in een verklaring naar buiten gebracht.  ( 3 min )
    Nederlandse banken volgens ministerie weerbaar om schokken op te vangen
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    Het plan van de Zuid-Koreaanse regering om de maximale werkweek van 52 naar 69 uur te verlengen, gaat waarschijnlijk niet door. Dat meldt de Britse krant The Guardian woensdag. Veel jongeren in het land protesteerden tegen het plan, omdat het hun gezondheid in gevaar zou brengen.  ( 3 min )
    ChatGPT kan nu in een handomdraai een versie van Pong in elkaar zetten
    Laat GPT-4 een plaatje zien van een eekhoorn met een verrekijker en de computer vertelt je waarom dat grappig is. Dat het systeem afbeeldingen verwerkt en beredeneert wat hij ziet, is een van de vernieuwingen in de opvolger van de populaire chatbot ChatGPT.  ( 7 min )
    Europese banken hard onderuit na problemen bij Credit Suisse: wat speelt er?
    De Amsterdamse beurs is woensdag opnieuw onderuitgegaan door zware koersverliezen in de financiële sector. Aandelen van ING, ABN AMRO en andere Europese banken kelderden hard. Dat heeft alles te maken met de problemen bij de Zwitserse bank Credit Suisse. Wat is er aan de hand?  ( 5 min )
    Ziekenhuispersoneel wil ook in april weer een dag staken
    Morgen wordt in 64 ziekenhuizen gestaakt en de tweede landelijke ziekenhuisstaking wordt al voorbereid. Ergens in april moeten tientallen ziekenhuizen door die staking waarschijnlijk weer een dag alle geplande zorg uitstellen. Ziekenhuizen draaien bij stakingen een 'zondagsdienst', wat betekent dat er alleen spoedeisende zorg wordt uitgevoerd.  ( 4 min )
    Miljoen reizigers minder op Schiphol dan toen de coronacrisis begon
    Zo'n 3,8 miljoen mensen reisden in februari van, naar of via luchthaven Schiphol. Dat zijn zo goed als een miljoen reizigers minder dan in dezelfde maand in 2000, toen het coronavirus om zich heen begon te grijpen.  ( 3 min )
    Facebook overtrad tien jaar lang de wet met verwerking persoonsgegevens
    Facebook heeft de wet overtreden bij de verwerking van persoonsgegevens van Nederlandse gebruikers, oordeelt de rechtbank Amsterdam woensdag. Het socialemediabedrijf gebruikte de gegevens voor advertentiedoeleinden en verstrekte ze aan andere bedrijven, terwijl dat niet mocht.  ( 3 min )
    Russische olie- en gasproductie zal dit jaar afnemen
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    Ook Essent biedt weer vaste contracten onder prijsplafond aan
    Essent biedt weer vaste contracten onder het prijsplafond aan, maakte het energiebedrijf woensdag bekend tijdens een toelichting op de jaarresultaten. Veel energieleveranciers stopten vorig jaar met vaste contracten vanwege de zeer sterke stijging van de energieprijzen.  ( 3 min )
    AEX hard onderuit door zware koersverliezen financiële sector
    De Amsterdamse beurs is woensdag opnieuw hard onderuitgegaan door zware koersverliezen in de financiële sector. Dinsdag wisten de banken en verzekeraars juist nog te herstellen van de recente verkoopgolf. Die volgde op het omvallen van de Amerikaanse banken Silicon Valley Bank en Signature Bank.  ( 3 min )
    Britse regering verlengt prijsplafond met nog eens drie maanden
    De steunmaatregelen voor de energierekening van Britse huishoudens zijn met drie maanden verlengd. Dat maakte de Britse regering woensdag bekend voorafgaand aan de presentatie van de begrotingsplannen. Minister van Financiën Jeremy Hunt zal die later op de dag houden.  ( 3 min )
    Argentijnen kunnen met hun peso de helft minder kopen dan een jaar geleden
    De inflatie in Argentinië is in de afgelopen maand uitgekomen op het duizelingwekkende percentage van 102,5 procent; het leven was dus meer dan twee keer zo duur als een jaar eerder. Het is voor het eerst sinds 1991 dat het land van Lionel Messi en Máxima weer een inflatiecijfer met drie getallen publiceert.  ( 3 min )
    TikTok overweegt zich los te rukken van Chinees moederbedrijf
    TikTok overweegt zich af te splitsen van zijn Chinese moederbedrijf ByteDance om zorgen bij westerse landen weg te nemen, meldt persbureau Bloomberg. Die zijn bang dat de Chinese overheid het sociale netwerk misbruikt om ons te bespioneren.  ( 3 min )
    Albert Heijn stopt met plastic broodclips
    Supermarktketen Albert Heijn (AH) stopt met de plastic clips die gebruikt worden om de zakken met brood, bolletjes en eierkoeken dicht te maken. Dat scheelt op jaarbasis 125 miljoen clipjes, aldus het bedrijf. Vanaf nu worden ze geleidelijk vervangen door clips van papier, zoals die ook bij bakkers steeds vaker te zien zijn.  ( 4 min )
    Steeds stiller op Mastodon, maar Meta vindt Twitter-concurrent tóch interessant
    Opeens kreeg berichtendienst Mastodon er vorig jaar enorm veel gebruikers bij. En dat is niet heel toevallig: Elon Musk had namelijk net de overname van Twitter afgerond. Ontevreden twitteraars vonden op Mastodon een nieuw onderkomen. Veel gebruikers zijn inmiddels weer vertrokken, maar de interesse van Facebook-moederbedrijf Meta in het platform is gewekt.  ( 5 min )
    Twitter-alternatief Mastodon ziet mensen afhaken, maar achterliggende idee leeft
    Opeens kreeg berichtendienst Mastodon er vorig jaar enorm veel gebruikers bij. En dat is niet heel toevallig: Elon Musk had namelijk net de overname van Twitter afgerond. Ontevreden twitteraars vonden op Mastodon een nieuw onderkomen. Veel gebruikers zijn inmiddels weer vertrokken, maar de interesse van Facebook-moederbedrijf Meta in het platform is gewekt.  ( 5 min )
  • Open

    Credit Suisse Reports 'Material Weakness' In Its Financial Records
    Bank's shares fall anew after it acknowledges controls over financial reporting `were not effective.'  ( 1 min )
    United Airlines Projects a Current-Quarter Loss
    United Airlines Holdings (UAL) is the worst-performing stock in the S&P 500 after the carrier said it would incur a loss in the current quarter due to lower demand and higher costs.  ( 1 min )
    First Republic, Regional Banks Won’t Benefit Much From Fed's New Funding Program
    The Fed's new funding program for ailing banks may not be of much use to regional banks because they don't hold the securities they need to pledge to get the Fed's help.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    News of the day for March 14, 2023  ( 1 min )
    Markets Gain on Bank Rebound, Inflation Report
    U.S. stocks traded higher on March 14, with the CPI pointing to a slowdown in inflation and a rally in shares that have been battered by banking woes.  ( 1 min )
    Bank Stocks Rally on Hopes Fed Will Pause Rate Hikes
    Bank Stocks Rally on Speculation Fed Will Pause Rate Hikes to Shore up Sector  ( 1 min )
    Unrealized Losses Have Piled Up at Regional Banks Facing Credit Downgrades: Report
    A report reveals regional and mid-sized banks have unrealized losses that have vastly reduced their fair market values and attracted unwanted attention from credit ratings agencies.  ( 1 min )

  • Open

    Insured Financial Institution
    An insured financial institution is any bank or savings institution covered by some form of deposit insurance.  ( 15 min )
    Unrealized Losses Have Piled Up at Regional Banks Facing Credit Downgrades: Report
    A report reveals regional and mid-sized banks have unrealized losses that have vastly reduced their fair market values and attracted unwanted attention from credit ratings agencies.  ( 13 min )
    Top CD Rates Today, March 14
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 10 min )
    Regulators Probe SVB Collapse, Insider Share Sales
    Justice Department, SEC looking into Bank's swift collapse, timing of executives' share sales  ( 11 min )
    Markets Gain on Bank Rebound, Inflation Report
    U.S. stocks traded higher on March 14, with the CPI pointing to a slowdown in inflation and a rally in shares that have been battered by banking woes.  ( 11 min )
    Epic Games Finalizes $245 Million Settlement to Customers for Unwanted Fortnite Purchases
    One 11-year-old boy racked up $140 of in-game purchases over eight days  ( 11 min )
    What Is a Bank Failure? Definition, Causes, Results, and Examples
    Bank failure is the closing of an insolvent bank by a federal or state regulator. Learn what causes a bank failure and about examples of bank failures.  ( 16 min )
    First Republic, Regional Banks Won’t Benefit Much from Fed's New Funding Program
    The Fed's new funding program for ailing banks may not be of much use to regional banks because they don't hold the securities they need to pledge to get the Fed's help.  ( 13 min )
    California Assembly Bill 5 (AB5): What's In It and What It Means
    California's AB5 set rules for gig workers and firms hiring them. AB2257 modified them and Prop 22 exempted app-based drivers and companies.  ( 22 min )
    California Proposition 22 (Prop 22) Definition
    Prop 22 is a controversial California law that lets companies such as Uber and Lyft classify workers as independent contractors instead of employees.  ( 15 min )
    Here's What Prop 22 Means for the Gig Economy
    Reinstatement of Prop 22 in California returns Uber, Lyft, and Doordash drivers to limited benefits and permanant contractor status, pending an expected State Supreme Court appeal.  ( 13 min )
    How the Goodyear Credit Card Works: Benefits and Rewards
    Find out about the benefits, features, and interest charges of the Goodyear Credit Card. Learn which customers benefit most and who the competition is.  ( 18 min )
    Universal Banking: Definition, Functions, Regulation
    Universal banking is when financial institutions offer a wide variety of financial services for their customers as a one-stop shop.  ( 16 min )
    The Top Three Benefits of a High-Yield Savings Account
    A high-yield savings account can make your money go further. Find out the top benefits and how to choose an account that’s right for you.  ( 11 min )
    Bank Reserves: Definition, Purpose, Types, and Requirements
    Bank reserves are the cash minimums financial institutions must retain to meet central bank requirements. Read how bank reserves affect the economy.  ( 17 min )
    Credit Suisse Reports 'Material Weakness' In Records
    Bank's shares fall anew after it acknowledges controls over financial reporting `were not effective.'  ( 11 min )
    The Biggest Driver of Inflation Is a Price That No One Is Actually Paying
    The most widely watched measure of inflation is being driven up by a measure of housing costs that no one actually pays.  ( 12 min )
    Hurdle Rate: What It Is and How Businesses and Investors Use It
    A hurdle rate is the minimum rate of return on a project or investment required by a manager or investor.  ( 18 min )
    Bankruptcy Court Definition
    Bankruptcy court is a specific kind of federal court that deals with bankruptcy.  ( 22 min )
    Which Creditors Are Paid First in a Liquidation?
    Secured creditors are paid first, followed by unsecured creditors. If there is any money left, shareholders are paid.  ( 21 min )
    Binance to Cease Sterling Withdrawals and Deposits For UK Clients
    Binance's banking partner in the UK has ended its operating agreement, effectively cutting off GBP users from withdrawals and deposits.  ( 11 min )
    Consumer Price Index for All Urban Consumers (CPI-U) Explained
    The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.  ( 16 min )
    What Is the Jade Lizard Options Strategy?
    The Jade Lizard is a relatively simple and popular strategy for trading options. It's best deployed when the trader has a neutral to bullish view of a security.  ( 14 min )
    Who Is Janice Eberly?
    Janice Eberly is an American economist, she is a frontrunner for the post of vice chair of the Federal Reserve.  ( 17 min )
    Baidu Set to Launch its Own Version of ChatGPT
    Chinese tech company Baidu (BIDU) has been working to meet a March 16 deadline for the launch of its AI chatbot nicknamed 'Ernie Bot.'  ( 12 min )
    Federal Deposit Insurance Corp. (FDIC): Definition & Limits
    The Federal Deposit Insurance Corp. (FDIC) is an independent federal agency that provides insurance to U.S. banks and thrifts.  ( 16 min )
    How to Buy ApeCoin (APE)
    Opening a crypto exchange account is an essential step in buying ApeCoin (APE). Learn what you need to open a crypto exchange account and how to do it.  ( 15 min )
    Bank Stocks Rally on Hopes Fed Will Pause Rate Hikes
    Bank Stocks Rally on Speculation Fed Will Pause Rate Hikes to Shore up Sector  ( 12 min )
    Venture Capital: What Is VC and How Does It Work?
    Venture capital is money, technical, or managerial expertise provided by investors to startup firms with long-term growth potential.  ( 28 min )
    United Airlines Projects a Current-Quarter Loss
    United Airlines Holdings (UAL) is the worst-performing stock in the S&P 500 after the carrier said it would incur a loss in the current quarter due to lower demand and higher costs.  ( 10 min )
    What Agencies Oversee U.S. Financial Institutions?
    These federal agencies regulate banks, credit unions, savings and loans, mortgage lenders, and the stock market in the United States  ( 19 min )
    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
    Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 29 min )
    Today's Mortgage Rates & Trends - March 14, 2023: Rates Dip Further
    Thirty-year mortgage rates dip further after the previous day's major drop, reducing the flagship average to its lowest level in a month.  ( 12 min )
    Federal Discount Rate: Definition, vs. Federal Funds Rate
    The federal discount rate is the reference interest rate set by the Federal Reserve for lending to banks and other institutions.  ( 17 min )
    How to Get Low-Income Loans: Everything You Need to Know
    Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 16 min )
    Qualifying Relative Definition and IRS Guidelines
    A qualifying relative can be designated a dependent for tax purposes if financially supported by the taxpayer.  ( 15 min )
    What Happens to Shareholders Equity Under Chapter 11 Bankruptcy?
    Learn what happens when a company files for Chapter 7 or 11 Bankruptcy and the effects on shareholders equity.  ( 17 min )
    What Are the FDIC Rules for CDs?
    The FDIC insures deposit accounts, including certificates of deposit, for up to $250,000 per depositor, per FDIC-insured bank, per ownership category.  ( 15 min )
    Mutual Funds Are Not FDIC Insured: Here's Why
    Find out why mutual funds are not insured by the FDIC, including how to minimize your risk with educated mutual fund investments.  ( 17 min )
    How the Federal Reserve Was Formed
    Find out how this institution has stabilized the U.S. economy during economic downturns.  ( 21 min )
    What Is a Bank Run? Definition, Examples, and How It Works
    A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 19 min )
    Useful Metrics for Evaluating Bank Stocks
    Learn which metrics are most useful to evaluate companies in the banking sector and the issues when comparing them across the various banks.  ( 15 min )
    How to Buy Uniswap (UNI)
    Opening a crypto exchange account is an essential step in buying Uniswap (UNI). Learn what you need to open a crypto exchange account and how to do it.  ( 14 min )
    Consumer Inflation Cooled in February
    Consumer inflation cooled last month, signaling some success in the Federal Reserve’s interest rate campaign and fueling speculation policymakers have more leeway to slow the pace of increases in the wake of high-profile bank failures.  ( 11 min )
    Social Media Companies Look to Customers to Diversify Revenue
    Meta follows Twitter's infamous blue check plan as ad revenue falls  ( 11 min )
    Personal Loan Rates & Trends, Week of March 13: Rates Rise
    The average personal loan rate climbed almost a quarter point this week, fueled by a notable increase for those with Excellent credit.  ( 11 min )
    5 Things to Know Before Markets Open
    News of the day for March 14, 2023  ( 11 min )
    Biden Highlights Dodd-Frank Repeal in Calls for Stiffer Bank Regulations
    As the fallout from the collapse of Silicon Valley Bank and Signature Bank rattles U.S. financial markets, President Biden called for stiffer banking regulations. The bank failures mark the second and third-largest in U.S. history, respectively, after the collapse of Washington Mutual in 2008.  ( 10 min )
    Today's Mortgage Rates & Trends - March 13, 2023: Rates Drop
    Rates on 30-year mortgages saw a major drop, reducing the average almost three-tenths of a point to its lowest level in three weeks.  ( 12 min )
    How Basel 1 Affected Banks
    The 1988 Basel 1 agreement sought to decrease bankruptcies among major international banks.  ( 18 min )
    Charles Schwab vs. Fidelity
    Charles Schwab and Fidelity are two of the top brokers for U.S. traders and investors. Both offer a similar experience, but Fidelity has small advantages.  ( 18 min )
  • Open

    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    Vacasa Sees Increase in Properties Leaving Its Platform
    Vacasa is trying to achieve profitability in 2023 while homeowners are leaving its platform, and it's forecasting that gross booking values will decline. Tough stuff.  ( 46 min )
    Credit Suisse Runs Into New Problems
    No content preview
    SVB Can't Find a Buyer Because of One Issue
    No content preview
    Rivian Stock Really Costs 19 Cents. Investors Shouldn’t Forget Cash.
    The electric vehicle maker's cash balance at the end of 2022 almost equals the company's market capitalization.  ( 23 min )
    Why Ray Dalio says SVB collapse is a ‘canary in the coal mine’
    Bridgewater founder Ray Dalio says the Silicon Valley Bank collapse signals more turbulence ahead for the venture-capital industry and beyond.  ( 20 min )
    Regional Bank Bosses Grab ‘Bargain’ Stocks From SVB Turmoil
    (Bloomberg) -- Regional bank leaders are snapping up shares of their companies’ stocks, taking advantage of a selloff fueled by the fallout from Silicon Valley Bank’s collapse.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapRussian Fighter Jet Collides With US Drone Over Black SeaUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SVB Fal  ( 47 min )
    Stocks moving in after-hours: Guess, Lennar, Freshpet, First Republic
    These are the stocks moving in after-hours trade on March 14, 2023.  ( 46 min )
    ‘Net worth of median household is basically nothing,’ says Carl Icahn. ‘We have some major problems in our economy.’
    Carl Icahn is worried about the economy in the wake of action taken by the government to mitigate one of the largest bank failures in U.S. history.  ( 21 min )
    Lumen’s stock follows record annual decline with another steep plunge this year
    Lumen's valuation is the lowest among the S&P 500's components.  ( 21 min )
    AMC Secures Shareholder Approval to Sell More Stock
    The movie-theater chain won shareholders’ backing to sell new common stock, a financial lifeline for the company as it continues to lose money because of low cinema attendance.  ( 26 min )
    First Republic, Regional Banks Won’t Benefit Much from Fed's New Funding Program
    The Fed's new funding program for ailing banks may not be of much use to regional banks because they don't hold the securities they need to pledge to get the Fed's help.  ( 13 min )
    SentinelOne Earnings Beat Estimates, Stock Falls On Outlook
    No content preview
    Schwab Rallies as CEO Bettinger Says He Bought 50,000 Shares
    (Bloomberg) -- Charles Schwab Corp. climbed Tuesday, paring the prior day’s decline, after Chief Executive Officer Walt Bettinger told CNBC that he bought 50,000 shares for his own account.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapRussian Fighter Jet Collides With US Drone Over Black SeaUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slamm  ( 47 min )
    Bank stocks rebound as investors see buying opportunity in oversold lenders
    First Republic (FRC) and other regional banks are up sharply, in a stunning reversal from the previous session when the sector was hammered following the collapse of Silicon Valley Bank.  ( 46 min )
    Are You Rich? Biden Wants to Double Your Capital Gains Taxes and Implement a Wealth Tax
    While social issues have dominated news coverage recently, one of the most contentious and important issues in Washington never changes - tax policy. One of former President Donald Trump's biggest victories was his 2017 tax plan that drastically reduced taxes … Continue reading → The post Are You Rich? Biden Wants to Double Your Capital Gains Taxes and Implement a Wealth Tax appeared first on SmartAsset Blog.  ( 48 min )
    Investors May Have Thought LPL Was Just Like Schwab. It Isn’t.
    LPL, the nation’s largest independent broker-dealer, doesn’t face the same cash sorting concerns as other wealth management companies, analysts say.  ( 24 min )
    Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead. Here Are 2 Names to Consider
    In the wake of multiple bank collapses over the past week, many banking stocks’ valuations have fallen sharply and are trading at deep discounts right now. One investor, however, that definitely won’t be looking for any bargains amongst the carnage is ‘Shark Tank’ star Kevin O’Leary. With the government having stepped in to ensure depositors walk away unscathed from the SVB and Signature Bank debacles, O’Leary anticipates a flurry of tighter regulation around banks, regional or not, and that wil  ( 49 min )
    Ken Griffin Backed Citadel Advisors Discloses 5.3% Stake in Western Alliance Bank
    Billionaire Kenneth (Ken) Griffin controlled Citadel Advisors LLC disclosed a 5.3% stake in Western Alliance Bancorp (NYSE: WAL). Citadel Advisors, a hedge fund, owns around 5.8 million shares of Western Alliance, according to an SEC filing. The bank's shares gained as the stock recovered after a selloff triggered due to the Silicon Valley Bank and Signature Bank meltdown. Western Alliance was one of several banks that witnessed the contagion worries and ripple effect from the downfall of the Si  ( 46 min )
    ‘Very important for your cash.’ Here’s what accounts are, and are not, insured by the FDIC
    As many regional bank stocks fall, here's a deep look at what the FDIC insures and doesn't.  ( 25 min )
    4 Stocks Affected by Bank Failures That Wall Street Says to Buy
    Bill Holdings has said it held about $670 million at Silicon Valley Bank, but said its existing cash was sufficient to meet its working capital and other requirements.  ( 24 min )
    Are Any Airline Stocks A Buy Right Now, Or Are They All Still Grounded?
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    CPI data ‘not good enough to stop the Fed’ from raising rates next week
    The February consumer price report for February was not good enough to stop the Federal Reserve from hiking next week, many analysts believe.  ( 21 min )
    3M stock falls toward a 10-year low, as it reversed early sharp gains to trade lower for a 4th-straight session
    Shares of 3M Co. which have now made sharp intraday reversals to trade lower for a fourth-straight session, were headed for the lowest close in 10 years. The...  ( 20 min )
    Charles Schwab feels heat after SVB collapse
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    SVB: Moody's Delivers Bad News to First Republic and 5 Other Banks
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    ‘I was once an emotionally unkempt individual’: I’m 27, was raised in poverty, and work in a grocery store. I have $8,000 in debt. Can you help?
    ‘There is a pressure to turn my finances around because I'm in a serious relationship with a guy who makes great money and owns his own home.’  ( 21 min )
    Here’s why bitcoin is rallying after collapse of Silvergate, SVB and Signature
    Bitcoin is seeing its best three-day performance since October 2019, as the collapse of three banks in a week fueled some investor expectation that the...  ( 21 min )
    Bed Bath & Beyond Salvages Fundraising Deal Despite Slump in Share Price
    Hudson Bay Capital has agreed to put more money into the company even though the retailer’s share price has fallen to nearly $1.  ( 27 min )
    Mark Zuckerberg says engineers who joined Meta in-person perform better than those who joined remotely
    Mark Zuckerberg, co-founder and CEO of Facebook parent Meta, has pointed to internal data analysis that suggests engineers who initially joined the company in an in-person capacity performed better than those who joined remotely from the get-go. The insights stem from a memo sent to employees earlier today, in which Zuckerberg revealed the company was cutting another 10,000 jobs. Aside from announcing the fresh round of layoffs, Zuckerberg delved into a number of ways the company was looking to improve efficiency, such as cancelling "lower priority projects" and creating a flatter organizational structure by removing various management layers.  ( 48 min )
    Let's Unlock KeyCorp's Plunge to See If It Opens the Door to Opportunity
    Shares of the regional bank holding company were recently cut in half.  ( 10 min )
    4 Stocks Affected by Bank Failures That Wall Street Says to Buy
    Bill Holdings has said it held about $670 million at Silicon Valley Bank, but said its existing cash was sufficient to meet its working capital and other requirements.  ( 24 min )
    You'll Never Guess the Top-Performing Stock of the Last 20 Years
    If a time machine could take you back to the start of the 2000s — without the desire to open up a crypto wallet — what’s the No. 1 investment you would make? Maybe Apple Inc. (NASDAQ: AAPL), which has sold 1.3 billion iPhones since 2007 and reported a $19.4 billion profit last quarter? Or Tesla Inc. (NASDAQ: TSLA), which went from selling just 937 cars in 2009 to over 300,000 last year? Some savvy income investors might consider Altria Group Inc. (NYSE: MO). The tobacco giant, formerly Phillip M  ( 48 min )
    Citadel scoops up Western Alliance shares on the cheap
    Western Alliance Bancorp's stock rocketed Tuesday toward its best day in 15 years after Citadel Advisors disclosed taking a big stake in the regional bank.  ( 21 min )
    AMC Entertainment Investors Back Share Increase, Reverse Split
    (Bloomberg) -- AMC Entertainment Holdings Inc. common stock sank and its preferred shares rallied after investors approved a series of steps that the movie theater operator has said will help it raise cash and reduce debt.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB Fallout‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapBonds R  ( 47 min )
    ‘It’s a big failure for us.’ Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed
    “We need to learn something from that and take actions based upon the lessons learned," Alecta CEO Magnus Billing told Bloomberg on Tuesday.  ( 48 min )
    AMC shareholders approve ‘APE’ conversion
    AMC Entertainment Holdings Inc.’s shareholders have approved the company’s proposal to convert AMC Preferred Equity units into shares of common stock. In...  ( 20 min )
    Mark Zuckerberg warns that ‘new economic reality’ could continue for years as Meta makes more layoffs
    Higher interest rates, geopolitical unrest and increased regulation could all continue to drive a tough climate for companies, Meta CEO says.  ( 21 min )
    10 U.S. banks that have been the best earnings performers over the past 15 years — are any of them bargain stocks now?
    These banks have had the best overall returns on assets through thick and thin.  ( 21 min )
    Shark Tank’s Kevin O’Leary blasts SVB’s ‘idiot management’ and ‘negligent directors’ over collapse
    'Mr Wonderful' claimed President Joe Biden nationalized the American banking system.  ( 49 min )
    SVB’s Contagion Risk Is Bigger Than Banks
    (Bloomberg) -- While all of the initial talk was about Silicon Valley Bank deposits and any potential impact for other banks around the globe, investors now have moved their attention to a much bigger potential contagion victim: the US economy.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stocks Steady as Fed Rate Path Eye  ( 48 min )
    First Republic stock’s soars a record 58%, but recovers only about one-fifth what it lost the past 3 days
    While some of the hardest-hit regional bank stocks are posting record one-day rallies, the gains look a bit less impressive when compared with the beating...  ( 20 min )
    Fed Rate Pause Is a Tough Call After Inflation Reaccelerates
    (Bloomberg) -- An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next week’s move will be a tough call amid ongoing concern about financial turmoil.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stoc  ( 49 min )
    HUB Security Receives Four Million USD From PIPE Investors at 10USD Per Share
    HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), today announced that it had issued and sold approximately...  ( 47 min )
    Boeing Wins $37 Billion Saudi Arabia Deal for New Airline
    (Bloomberg) -- Saudi Arabia will buy 78 Boeing Co. 787 Dreamliners, as Crown Prince Mohammed Bin Salman revitalizes the country’s flag carrier and oversees the rise of a new international airline that seeks to rival Emirates and Qatar Airways. Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stocks Steady as Fed Rate Path Eye  ( 48 min )
    Inflation at 6%: 2 ‘Strong Buy’ Dividend Stocks That Beat This Rate
    Markets are in a state of flux right now, with heavy changes on the near horizon. The collapse of Silicon Valley Bank – and the Fed’s takeovers of it and the crypto-heavy Silvergate and Signature banks – have sparked fears of a new banking or financial crisis, as well as calls for the Federal Reserve to pare back on its policy of interest rate hikes and monetary tightening. The inflation numbers for February were in-line with expectations, with a monthly gain of 0.4% and an annualized rate of 6%  ( 51 min )
    ‘I’m not seeing true danger here’: Michael Burry says U.S. banking crisis to be resolved ‘very quickly’
    Investor Michael Burry said in a tweet late Monday that he expects the crisis surrounding the collapse of Silicon Valley Bank to be resolved "very quickly"...  ( 21 min )
    Nvidia's Charts Tell the Tale of How to Trade the Stock
    I'm updating my view since they reported earnings last month.  ( 14 min )
    Honeywell Taps COO Kapur as Next CEO
    The industrial company said the 34-year veteran will succeed current CEO Darius Adamczyk in June.  ( 25 min )
    Silicon Valley Bank committed 'one of the most elementary errors in banking,' Larry Summers says
    Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.  ( 46 min )
    Bank of America Has Biggest Losses in Bond Portfolio Among Peers
    The bank was sitting on an unreallized loss of nearly $109 billion in a large bond portfolio at the end of 2022  ( 23 min )
    Bank stocks rally in sharp reversal from previous session
    First Republic (FRC) and other regional banks are up sharply, in a stunning reversal from the previous session when the sector was hammered following the collapse of Silicon Valley Bank.  ( 46 min )
    US Core CPI Tops Estimates, Pressuring Fed as It Weighs Hike
    (Bloomberg) -- Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Market  ( 49 min )
    Bed Bath & Beyond stock rises after retailer amends equity offering deal
    Bed Bath & Beyond Inc. has amended its equity offering deal that was announced last month. On Tuesday the home goods retailer announced that it is...  ( 20 min )
    Apple Bulls Are Looking for a Catalyst. Its VR Headset Launch Could Be Key.
    Analysts say a headset launch in the summer would be a prime candidate to “move the needle” on Apple stock.  ( 24 min )
    Dow Jones Futures Rally After Key Inflation Report; First Republic Rebounds 60% As Bank Fears Ease
    No content preview
    Charles Schwab’s fortune battered by SVB collapse, with his wealth plunging more than any other American billionaire’s in 2023
    The failure of Silicon Valley Bank has had a widespread impact.  ( 48 min )
    Tesla Stock Downgraded, But EV Giant's China Registrations Swell
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    Stock Futures Rise After CPI Data
    Regional bank stocks rallied premarket after a sharp selloff in recent days.  ( 29 min )
    AMC ‘APE’ Conversion Gets Shareholder Vote Today. What to Watch.
    Shareholders are scheduled to vote on measures that could drastically change the movie theater's ability to raise cash selling stock.  ( 24 min )
    Boeing lands mega deal with Saudi Arabia
    Boeing scores a key deal with Saudi Arabia.  ( 47 min )
    Boeing expected to land mega deal with Saudi Arabia
    Boeing scores a key deal with Saudi Arabia.  ( 47 min )
    A new nuclear reactor in the US started up last week — the country's first in nearly 7 years. Here are 3 simple ways to invest in the space
    'Initial criticality' has been reached.  ( 48 min )
    Credit Suisse Finds Material Weaknesses in Financial Reporting
    The bank’s management concluded that internal controls were ineffective, but said financial results for 2022 and previous years were unaffected by the finding.  ( 26 min )
    Credit Suisse Stock Drops. Annual Report Uncovers Weak Financial Controls.
    The report had been delayed after the Securities and Exchange Commission raised questions about the bank's cash flow statements in 2019 and 2020. Shares are languishing near a record low.  ( 23 min )
    Roubini Launches Alternative Haven Trade for the Era of Endless Inflation
    (Bloomberg) -- Economist Nouriel Roubini has partnered with Goldman Sachs Group Inc. to launch the first in a suite of planned financial products that offer investors an alternative safe haven in a big market crash. Most Read from BloombergUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeCredit Suisse Finds ‘Material’ Control Lapses After SEC Prompt‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutRussian Fight  ( 49 min )
    GitLab Stock Plunges 30%. Revenue Growth Set to Slow Despite Price Hikes.
    The DevOps software maker missed guidance even as it prepares to increase the price of its premium offering.  ( 23 min )
    Moody’s Has a Hard Look at Bank Ratings. It Isn’t Just First Republic Under Scrutiny.
    The ratings agency has put six lenders on downgrade watch following the biggest bank failures since the 2008-09 financial crisis.  ( 24 min )
    Stock market news today: Futures march higher, regional banks rally ahead of CPI
    U.S. stock futures edged higher Tuesday morning ahead of critical inflation data, with regional bank stocks rallying, clawing back some of its losses in the wake of the SVB fallout.  ( 48 min )
    Honeywell appoints COO Vimal Kapur to succeed Darius Adamczyk as CEO
    Honeywell International Inc. has appointed 34-year company veteran Vimal Kapur to succeed Darius Adamczyk as CEO. Kapur will assume the company’s reins on...  ( 20 min )
    Boeing Deal for Jets From Saudi Arabia Might Be Bigger Than First Imagined
    Two Saudi Arabian airlines are on the verge of buying 80 Dreamliner jets from Boeing, according to The Wall Street Journal.  ( 24 min )
    Brainard Must Help Contain SVB Crisis She Warned Was Coming
    (Bloomberg) -- Lael Brainard, as a US Federal Reserve governor, repeatedly warned that efforts to deregulate banks were a recipe for disaster.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapGlobal Banking Stocks Hold Steady After $465 Billion SVB WipeoutUS Backstops Bank Deposits to Avert Crisis After SVB FailureHer counsel went unheed  ( 50 min )
    Inflation: February CPI expected to show slowest annual rise since September 2021
    Inflation showed signs of cooling in February after prices picked up to start the year, according to the latest data released Tuesday morning.  ( 46 min )
    Unretirement can be expensive – watch out for these surprise costs
    If you're considering going back to work, weigh the potential costs against your paycheck.  ( 20 min )
    ‘Weren’t you a Treasury secretary?’ Larry Summers gets dragged on the internet after post on SVB’s collapse.
    Former Treasury Secretary Larry Summers took to Twitter to opine on the collapse of SVB Financial. It didn't go well.  ( 20 min )
    Stocks Higher, Inflation On Deck, First Republic Rebounds, SVB Sale Plans, Boeing Dreamliner Deal - Five Things To Know
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    These 3 banks now offer 5% on checking and savings accounts: A ‘potential measure of protection against financial instability.’
    High inflation and rising interest rates have had a positive impact on high-yield savings accounts.  ( 24 min )
    These Stocks Are Moving the Most Today: First Republic, United Airlines, GitLab, Uber, AMC, and More
    First Republic trades higher after closing down nearly 62% on Monday, United Airlines issues a first-quarter profit warning, and a revenue forecast from software company GitLab misses analysts' expectations.  ( 24 min )
    Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
    Citadel founder Ken Griffin told the Financial Times on Tuesday that the U.S. government’s rescue deal for Silicon Valley Bank from over the weekend is...  ( 20 min )
    Wall Street eyes risks outside the banking system after SVB collapse: Morning Brief
    Banks are getting all the attention, but the SVB collapse shows that a host of asset classes are in the flood plain of the rising Fed rates.  ( 48 min )
    3 Regional Bank Stocks to Buy After SVB's Collapse
    This could be an opportunity for dividend investors.  ( 18 min )
    Volkswagen Plans $192 Billion Investment Focusing on EVs, New Tech
    The company said it would target two-thirds of the investment on the development of electric vehicles and new technology, with a particular focus on the expansion of its business in China and the U.S.  ( 25 min )
    Down More Than 30%: Insiders Call a Bottom in These 2 Regional Bank Stocks
    The week got off to a rocky start as the markets digested the collapse of Silicon Valley Bank last week, and the Federal regulators’ shutdown of Signature Bank over the weekend. Sparking fears of contagion, on Monday, stocks in the banking sector saw shares drop dramatically, as investors scrambled to figure out the new patterns of risk and reward. The effect was most pronounced among the mid-sized and regional banking firms. In that niche, sudden drops in share value prompted trading halts for  ( 48 min )
    Ken Griffin says SVB depositors should not have been bailed out: ‘It would have been a great lesson in moral hazard’
    The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."  ( 48 min )
    Credit Suisse warns of ‘material weakness’ in financial controls
    Credit Suisse has identified “material weaknesses” in its reporting and controls procedures for the last two years in the latest blow to the scandal-hit lender.  ( 47 min )
    Credit Suisse Finds ‘Material’ Control Lapses After SEC Prompt
    (Bloomberg) -- Credit Suisse Group AG said it found “material weaknesses” in its reporting and control procedures for the past two years, after questions from US regulators last week. Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutCredit Suisse Finds ‘Material Weakness’ in Reporting Since 2021US Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If You Have Mor  ( 49 min )
    US Shouldn't Have Bailed Out SVB Depositors, Say Investors Like Ken Griffin and Carson Block
    (Bloomberg) -- The US government’s emergency backstop of its financial system after Silicon Valley Bank’s collapse has earned praise from prominent names including Larry Summers and Bill Ackman.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutCredit Suisse Finds ‘Material Weakness’ in Reporting Since 2021US Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If Yo  ( 48 min )
    Credit Suisse publishes delayed 2022 report after SEC talks end
    The Swiss lender had been due to release the report last week, but delayed the publication following a request from the SEC on how the bank recorded its cash...  ( 20 min )
    Moody’s Puts First Republic, Five US Banks on Downgrade Watch
    (Bloomberg) -- Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms following the collapse of Silicon Valley Bank.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutUS Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If You Have More Than $250  ( 47 min )
    Treasuries Bull Who Hit Jackpot Sees 10-Year Yield Falling to 2%
    (Bloomberg) -- Back in early March, Akira Takei had been positioned for Treasury yields to drop and the curve to steepen — a bet that looked like a long shot. Not anymore.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutUS Backstops Bank Deposits to Avert Crisis After SVB FailureGlobal Banking Stocks Hold Steady After $465 Billion SVB W  ( 47 min )
    This 14.5%-Yielding ETF Pays Huge Monthly Dividends, but There Are Risks to Consider
    With inflation at 6.4%, many investors are looking for investments that can beat the rate of inflation. The Global X Super Dividend ETF (NYSEARCA:SDIV) not only helps investors beat inflation, but it more than doubles it with a massive dividend yield of 14.5%. SDIV also holds additional appeal to income-seeking investors because, unlike many other dividend stocks and ETFs, which pay dividends quarterly, this ETF pays a dividend each month. However, there are also some potential drawbacks that in  ( 49 min )
    Bitcoin jumps above US$24,000, leading crypto gains as U.S. acts to backstop banks
    Bitcoin continued to gain in morning trading in Asia, as regulators acted to backstop the U.S. banking industry. Most of the top 10 cryptocurrencies gained.  ( 47 min )
    ‘High liquidity is key’: These 2 big bank stocks have enough liquidity to more than cover severe funding outflows, says JPMorgan
    In the wake of last week’s bank collapse – the fall of Silicon Valley Bank, and the related collapses of the crypto-centered Silvergate and Signature banks – there’s been a swirl of discussion around fractional reserves and liquidity coverage ratios (LCRs). And rightly so, because at bottom, these banks collapsed due to a lack of liquid assets. In sort, these banks did not have enough liquidity to cover severe funding outflows. The affected banks, especially SVB, were hit by a run – that is, dep  ( 48 min )
  • Open

    Energiecrisis duwde uitstoot van broeikasgassen flink omlaag in 2022
    Nederland heeft vorig jaar 9 procent minder broeikasgassen uitgestoten dan in 2021. Dat heeft vooral te maken met de energiecrisis, die ervoor zorgde dat burgers en bedrijven minder aardgas gebruikten. Wel ging de uitstoot van de luchtvaart omhoog door groeiende passagiersaantallen.  ( 5 min )
    Tweede ontslagronde bij Facebook-moederbedrijf Meta: tienduizend banen weg
    Facebook-moederbedrijf Meta gaat nog eens tienduizend extra banen schrappen om kosten te besparen. De tweede ontslagronde komt boven op de reorganisatie die in november is aangekondigd. Toen schrapte het socialemediabedrijf elfduizend banen.  ( 3 min )
    Bitcoinkoers stijgt naar het hoogste punt in negen maanden
    De waarde van de grootste cryptomunt is dinsdag voor de vierde dag op rij gestegen. Voor 1 bitcoin betaal je ruim 26.000 dollar (24.200 euro). Dat is de hoogste koers sinds juni vorig jaar.  ( 3 min )
    Personeel streekvervoer stopt na woensdag tijdelijk met staken
    Het personeel in het streekvervoer stopt na woensdag tijdelijk met staken. De stakingspauze duurt tot volgende week vrijdag. De vakbonden willen de nieuwe onderhandelingen met de werkgevers een kans geven.  ( 3 min )
    Bij grote stroomstoringen zijn we nog maximaal drie uur mobiel bereikbaar
    Bij een stroomstoring valt bijna alles om ons heen uit, maar het mobiele netwerk kunnen we blijven gebruiken. Dat komt doordat de meeste zendmasten in mobiele netwerken met accu's zijn uitgerust. Je kan daardoor nog twee tot drie uur blijven bellen.  ( 4 min )
    Bagagepersoneel op Schiphol sjouwt te zwaar, Arbeidsinspectie grijpt in
    De zes bedrijven die de bagageafhandeling op Schiphol regelen moeten zo snel mogelijk meer hulpmiddelen inzetten voor medewerkers die zwaar sjouwwerk doen, laat de de Nederlandse Arbeidsinspectie weten. Bij alle bagageafhandelaars wordt te weinig gedaan om de fysieke belasting te verminderen.  ( 3 min )
    Minder Nederlanders in de schulden of met een lening
    Het aantal Nederlanders met een consumptief krediet, zoals koop op afbetaling of een krediet bij een creditcard, is vorig jaar gedaald naar 7,8 miljoen. In 2021 ging het nog om 8 miljoen mensen. Ook het aantal betalingsachterstanden bij leningen is gedaald, blijkt uit nieuwe cijfers van Stichting BKR.  ( 4 min )
    VS botst met China en het Veldhovense ASML is daar het slachtoffer van
    Wat al een tijdje in de lucht hing, kwam vorige week definitief naar buiten: ASML mag sommige chipmachines niet meer aan China leveren. Daarmee is het grootste techbedrijf van Europa even het middelpunt van een mondiale ruzie tussen twee grootmachten. De komende tijd volgen waarschijnlijk meer landen, vooral uit Azië.  ( 5 min )
    Biden staat olieboringen in Alaska toe ondanks felle kritiek
    De Amerikaanse president Joe Biden geeft groen licht voor olieboringen in Alaska. Hierdoor mag energieconcern ConocoPhillips de komende jaren boren in het grootste stuk ongerepte natuur van de Verenigde Staten. Daarmee verbreekt Biden zijn verkiezingsbelofte om nieuwe olie- en gasprojecten niet meer toe te staan. Milieugroepen zijn boos en dreigen met rechtszaken.  ( 3 min )
    Minder Nederlanders hadden leningen in 2022
    Het aantal Nederlanders met een consumptief krediet, zoals koop op afbetaling of een krediet bij een creditcard, is vorig jaar gedaald naar 7,8 miljoen. In 2021 ging het nog om 8 miljoen mensen. Ook het aantal betalingsachterstanden bij leningen is gedaald, blijkt uit nieuwe cijfers van Stichting BKR.  ( 4 min )
    Schiphol moet van inspectie minder dieselvoertuigen gebruiken
    Luchthaven Schiphol moet een deel van de dieselvoertuigen op het platform voor het einde van het jaar vervangen. Dat bevestigt de Nederlandse Arbeidsinspectie dinsdag na berichtgeving van Zembla. De ingreep is bedoeld om de gezondheid van platformmedewerkers te beschermen.  ( 4 min )
    VS botst met China en het Veldhovense ASML zit in de kreukelzone
    Wat al een tijdje in de lucht hing, kwam vorige week definitief naar buiten: ASML mag sommige chipmachines niet meer aan China leveren. Daarmee is het grootste techbedrijf van Europa even het middelpunt van een mondiale ruzie tussen twee grootmachten. De komende tijd volgen waarschijnlijk meer landen, vooral uit Azië.  ( 5 min )
    Topmannen van failliete Silicon Valley Bank krijgen rechtszaak aan de broek
    Boze aandeelhouders van de omgevallen Silicon Valley Bank (SVB) zijn maandag naar de rechter gestapt. Zij verwijten het management dat het niet duidelijk genoeg is geweest over de risico's die het bedrijf liep door de hoge rentes van de laatste tijd. Ook is duidelijk geworden dat Nederlandse pensioenfondsen schade lijden door het faillissement, al gaat het om relatief kleine bedragen.  ( 5 min )
    Gevoelig kabinetsadvies: minder vee en meer belasting om klimaatdoelen te halen
    Het kabinet moet een reeks vergaande maatregelen nemen om de klimaatdoelen te halen, blijkt uit een groot beleidsonderzoek. De veestapel moet flink krimpen, de belastingen op fossiel energiegebruik moeten omhoog en in het vervoer moeten veel meer biobrandstoffen worden gebruikt.  ( 7 min )
    Slechte natuur en hoge rente: twijfels over haalbaarheid bouw 900.000 woningen
    Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 7 min )
    Rabobank: 'Dit jaar dalen huizenprijzen met 4 procent, maar bodem is in zicht'
    Dit jaar dalen de huizenprijzen met 4,2 procent, verwachten economen van de Rabobank. Wel denkt de bank dat de prijzen mede door onvoldoende nieuwbouw in 2024 niet veel verder zullen dalen.  ( 4 min )
    Vinyl wordt alsmaar populairder: we kochten voor 37 miljoen euro aan platen
    De populariteit van vinyl is ook vorig jaar flink toegenomen. In totaal is in 2022 voor 37 miljoen euro aan lp's verkocht in Nederland. Dat is zo'n 8,6 miljoen euro meer dan in 2021, een stijging van 30 procent.  ( 3 min )
    Aantal boerenbedrijven in ons land halveert elke 25 jaar
    De boerenprotesten, de politieke partij voor boeren en de aandacht ervoor in de media; je zou haast denken dat Nederland een boerenland is. In oppervlakte is twee derde van het landoppervlak aan te duiden als boerenland. Het aantal boerenbedrijven halveert iedere 25 jaar, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    Ook vandaag minder treinen en bussen, vakbonden overwegen stakingspauze
    Ook vandaag rijden er door een staking minder treinen, trams en bussen in het streekvervoer. Vooral in de Achterhoek, het Vechtdal en Limburg is het openbaar vervoer beperkt door de staking. De vakbonden zijn bereid om met de werkgevers over een mogelijke stakingspauze te praten.  ( 4 min )
    Graandeal Rusland en Oekraïne kan weer met zestig dagen worden verlengd
    Rusland wil de deal met Oekraïne over graanexporten via de Zwarte Zee met 60 dagen verlengen, laat het Kremlin weten na overleg met de Verenigde Naties in het Zwitserse Genève. Oekraïne zou liever een verlenging van 120 dagen zien.  ( 3 min )
    Graandeal Rusland en Oekraïne kan weer met 60 dagen worden verlengd
    Rusland wil de deal met Oekraïne over graanexporten via de Zwarte Zee met 60 dagen verlengen, laat Moskou weten na overleg met de Verenigde Naties in het Zwitserse Genève. Oekraïne zou liever een verlenging van 120 dagen zien.  ( 3 min )
    Centrale bank VS onderzoekt haar toezicht op omgevallen Silicon Valley Bank
    De Federal Reserve gaat een intern onderzoek doen naar haar toezicht op de Silicon Valley Bank (SVB) voordat deze omviel. Die gebeurtenissen vragen volgens Fed-voorzitter Jerome Powell namelijk om een "grondige, transparante en snelle herziening".  ( 3 min )
    Aantal boerenbedrijven bijna gehalveerd sinds 2000
    De boerenprotesten, de politieke partij voor boeren en de aandacht ervoor in de media; je zou haast denken dat Nederland een boerenland is. In oppervlakte is twee derde van het landoppervlak aan te duiden als boerenland. Het aantal boerenbedrijven halveert iedere 25 jaar, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
  • Open

    Markets End Mixed With Banks Dominating the Session
    U.S. stocks opened the week with a mixed performance on March 13 as markets reacted to the government's moves to stabilize the banking sector.  ( 1 min )
    Another Crypto Lender Fails as Signature Bank Shuts Down
    Signature Bank, one of the biggest lenders to the crypto industry, was shut down by New York regulators Sunday in the third-largest bank failure in U.S. history, ranking behind only Silicon Valley Bank's shutdown on Friday and the collapse of Washington Mutual during the 2008 Financial Crisis.  ( 1 min )
    First Republic Shares Drop 70% as Regional Bank Worry Spreads
    First Republic Bank shares plunged 70% on Monday despite emergency measures from regulators aimed at halting SVB contagion.  ( 1 min )
    Investors Seek Safety in Wake of Bank Failures
    U.S. bond yields fell by the most since the 2008 global financial crisis as worried investors sought safety after the failure of SVB and Signature  ( 1 min )
    Is Your Money Safe Amid Regional Bank Worries?
    A rout in regional bank stocks has some money managers reassuring clients their money is safe.  ( 1 min )
  • Open

    Charles Schwab Shares Slump
    Shares of Charles Schwab (SCHW) sank despite the discount brokerage's attempts to distance itself from the troubles in the banking sector.  ( 1 min )

  • Open

    SurveyMonkey maker Momentive to be acquired by Symphony for $1.5 billion
    Momentive Global Inc. the company that makes the survey platform SurveyMonkey, on Monday said it agreed to be acquired by a group led by Symphony Technology...  ( 20 min )
    Buffett's Berkshire Hathaway Financial Stocks Slide on Silicon Valley Bank Fallout
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    As Charles Schwab Stock Tumbles, Executives Reassure Investors
    Statements from the CFO, CEO, and Charles Schwab himself appear to be reversing Monday’s sharp selloff in the stock.  ( 23 min )
    Stocks moving in after-hours: United Airlines, First Republic, Charles Schwab
    These are the stocks making moves after the bell.  ( 46 min )
    Dow Jones Futures: Banking Crisis Escalates Ahead Of CPI Inflation Report; GitLab, Tesla, Schwab In Focus
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    Illumina Surges As Activist Investor Carl Icahn Attempts To Wrest Control
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    Forget Tesla - The Biggest Tech Opportunities Of 2023
    Tech stocks have had a rough time, but a few new developments could very well bring the entire industry back into the spotlight  ( 50 min )
    Here are all the banks getting crushed right now—and what to do if your money is there
    “Consumers need to separate falling stock prices and volatile trading from their actual deposits in the bank,” explained Mark Neuman, financial advisor and CIO of Constrained Capital.  ( 48 min )
    Biggest Plunge in Bond Yields Since Volcker Era on Bank Fears
    (Bloomberg) -- The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even the 2008 financial crisis and the aftermath of the Sept. 11 terror attacks. Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapUS Backstops Bank Deposits to Avert Crisis After SVB FailureBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutSignature Seized by Regulators as Pain Spreads From SVB’s FallFDIC Aucti  ( 49 min )
    Do-not-eat listing draws lawsuit from Maine lobster industry
    A coalition representing the Maine lobster industry is suing an aquarium on the other side of the country for recommending that seafood customers avoid buying a variety of lobster mostly harvested in their state. Industry groups including Maine Lobstermen’s Association are suing the Monterey Bay Aquarium in California for defamation, arguing in a lawsuit filed Monday that their prized catch shouldn't be on a “red list" published by Seafood Watch, a conservation program it operates. Last year, Seafood Watch put lobster from the U.S. and Canada on its list of seafood to avoid due to the threat posed to rare whales by entanglement in fishing gear used to harvest American lobster, the species that makes up most of the U.S. lobster market.  ( 48 min )
    Trading JPMorgan, Bank of America Amid Fallout in Regional Banks
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    Bank Deposits Over the FDIC Limit Are Risky. How to Protect Yourself.
    Government regulators took the extraordinary step of making whole uninsured depositors at two failed banks, but savers shouldn't count on similar treatment in the future.  ( 24 min )
    Bank of America Has Biggest Losses in Bond Portfolio Among Peers
    The bank was sitting on an unreallized loss of nearly $109 billion in a large bond portfolio at the end of 2022  ( 23 min )
    Rivian Stock Falls on Amazon News. It Might Be an Overreaction.
    Amazon told Barron's it is committed to Rivian and still plans to purchase 100,000 Rivian vans by 2030.  ( 24 min )
    GitLab stock drops more than 30% as revenue forecast misses
    GitLab Inc. shares plummeted in the extended session Monday after the DevOps software company’s revenue forecast fell short of the Wall Street consensus.  ( 20 min )
    Meta Analyst Estimates Potential Cost Savings From Fresh Round Of Layoffs, Mostly from Metaverse
    Mizuho analyst James Lee reiterated Buy on Meta Platforms Inc (NASDAQ: META) with a $210 price target. Several major news outlets indicated that Meta could initiate another round of layoffs at a similar scale to the last round at 13% of employees. Reportedly, the focus of the restructuring is wearable-device units within the Metaverse division. At the same time, the company is reportedly shutting down its New Product Experiment Group, created in 2019. Meta would fold any new development efforts  ( 47 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 19 min )
    Inflation data arrives at critical moment for Fed after bank failures, jobs data
    In the wake of the failure of Silicon Valley Bank, investors will be closely monitoring February's upcoming inflation print as Wall Street debates the Federal Reserve's plans to raise interest rates later this month.  ( 48 min )
    Western Alliance taking extra steps to ensure liquidity
    Western Alliance Bancorp said Monday it has taken extra steps to ensure liquidity following last week’s failure of SVB Financial’s Silicon Valley Bank....  ( 20 min )
    Regional Bank ETFs Battered as SVB Fallout Spreads
    State Street’s KRE, iShares' IAT plummeted amid bank closures, government scrambling.  ( 47 min )
    AMD Stock, A Former Leader, Climbing The Ladder Again
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    GE HealthCare Stock Climbs. It’s Becoming a Wall Street Star.
    Evercore ISI analyst Vijay Kumar initiated coverage of the company with an Outperform rating and a target of $90 for the price.  ( 24 min )
    Jeff Bezos, George Soros, Mark Cuban, and Ray Dalio All Have One Thing in Common: They're Making a Big Bet on This Industry
    When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources dedicated to getting the most up-to-date information as quickly as possible. They might see trends months in advance that others might not notice until it’s too late. Hedge fund manager George Soros is a polarizing figure, but you’d be foolish not to take notice of some of his investing trends. The Soros  ( 47 min )
    Investor who called Lehman collapse predicts the next big US bank failure
    Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.  ( 47 min )
    Make sure you don't retire until you have these 3 things fully paid off — and no, your mortgage isn't one of them
    Leaving these accounts open could tarnish your golden years.  ( 49 min )
    Three U.S. Banks Down. One More in Focus. Does It End Here?
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    Top economist Mohamed El-Erian says unlimited deposit guarantee will be hard to reverse after SVB fallout: ‘We are now in a different world’
    The economist also said that the Fed will likely now “retreat” on interest rate hikes.  ( 47 min )
    Charles Schwab, Snagged Into Banking Mess, Could Be a Bargain
    SCHW sinks nearly 11% on Monday alone, but several experts agree: It's no Silicon Valley Bank.  ( 15 min )
    Elizabeth Warren knows exactly why Silicon Valley Bank failed—and who should pay
    SVB CEO Greg Becker himself was one of many voices advocating for Dodd-Frank to be loosened. Oops.  ( 48 min )
    PacWest Bancorp insiders bought some stock as it tumbled last week
    Several PacWest Bancorp insiders bought the bank's stock late last week, as the bank tried to reassure investors in the wake of SVB's failure.  ( 20 min )
    Why Apple and Microsoft Are This Analyst’s Choice Following the SVB Fallout
    Itaú BBA analyst Thiago Alves Kapulskis recommends Apple and Microsoft 'to deleverage and reduce risks.'  ( 24 min )
    Wall Street analysts make big calls on bank stocks in wake of SVB failure
    Let the wagers begin.  ( 47 min )
    Why Signature Bank Failed
    The financial institution was closed by regulators on Sunday. A run on deposits catalyzed by nervousness over ties to the crypto industry is the likely cause.  ( 23 min )
    Fed’s Battle Plan for Inflation Shredded by Financial Turmoil
    (Bloomberg) -- Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse.Most Read from BloombergBonds Soar, Tech Up as Bets on Fed Pause Weighed: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discusses Fund to Backstop Deposits If More Banks  ( 49 min )
    Regional banks are seeing flight of deposits to too-big-to-fail megabanks
    The unexpected closure of Signature Bank over the weekend sparked a shoot-first-ask-questions-later mentality by investors as deposits flowed to biggest banks.  ( 21 min )
    Amazon In Talks With Rivian To Renegotiate Agreement For 100,000 Electric Vans
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    First Horizon Plunges 38% Below TD Bid in Regional Bank Nightmare
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    Schwab Stock Implodes Amid Financial Freakout — Is Your Money Safe?
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    ZIM Integrated Shipping Shares Soar After Q4 Results Top Estimates
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    East West Bancorp says ‘liquidity is strong,’ but stock suffering biggest selloff since the financial crisis
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    Wall Street split on Fed's next move as financial sector buckles after bank failures
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    Carl Icahn Takes Aim at Illumina Over Grail Deal
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    Charles Schwab’s stock is down 19% Monday. Here’s why the company thinks Wall Street is being unfair.
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    A dozen S&P 500 banks stocks are falling more than 10%, and half of those are down more than 20%
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    How to Minimize Taxes on 401(k) Withdrawals
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    Why JPMorgan Is a Haven in the Banking Crisis Storm
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    Schwab Tumbles Most Ever as Firm Seeks to Calm Investors
    (Bloomberg) -- Charles Schwab Corp. rebounded from a record intraday decline after the online brokerage sought to reassure investors that it has sufficient liquidity to handle any volatility following the collapse of Silicon Valley Bank.Most Read from BloombergTreasuries Surge, Stocks Up on Bets for Fed Pause: Markets WrapFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of L  ( 47 min )
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    Bank of America and Wells Fargo: Here's How I'm Trading This Bank Mess
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    Elon Musk just said he's 'open to the idea' of buying Silicon Valley Bank after its collapse — but is he serious? Here are 3 other ways to bet alongside the billionaire
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    With Signature Bank’s Collapse, US Reformer Barney Frank Watches His Own Lender Fail
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    Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
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    Pfizer Officially Nabs Seagen For $43 Billion; Provention Soars On Sanofi Deal
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    First Republic stock falls 62% amid fears of regional bank contagion
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    First Republic stock down record 73% amid fears of regional bank contagion
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    Dow Jones Futures Dive 400 Points On SVB Rescue Plan; First Republic Crashes 65% On Bank Fears
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    Bank Crisis Widens As Signature Topples, Funding Props First Republic
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    Charles Schwab moves to reassure investors it has plenty of liquidity and business is performing ‘exceptionally well’
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    Charles Schwab upgraded to buy from neutral, but price target cut to $75 at Citigroup
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    BA Stock: Boeing Eyes $35 Billion Jet Deal For New Saudi Airline
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    Applied Materials Increases Dividend and Buybacks. Why It’s Positive About Chips.
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    Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
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    WSJ: Carl Icahn says Grail deal cost Illumina shareholders $50 billion
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    SVB: Financier Bill Ackman Expects Other Banks to Collapse
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    Nikola Picks Up a New Rating From Wall Street. The Stock is Rising.
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    Pfizer Agrees to Buy Seagen for $43 Billion
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    Sell Any Post-SVB Stocks Bounce, Says Morgan Stanley
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    Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
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    KBW recommends buying these 11 financial stocks, including First Republic, following federal backstop for banks
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    Stock market news today: Stocks rise, bond yields, bank stocks fall on SVB fallout
    U.S. stock futures rose Monday morning ahead of the opening bell after federal banking regulators took aggressive actions over the failure of Silicon Valley Bank.  ( 48 min )
    Tesla’s Popularity Wanes on Wall Street. Stock Drops After Another Downgrade.
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    Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
    (Bloomberg) -- The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailFed’s New Backstop Shields Banks From $300 Billion of LossesTreasuries Surge as Traders Recalibrate Rate Bets: Markets WrapSignature Sei  ( 46 min )
    First Republic Bank’s stock slides amid continuing jitters about regional banks
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    Pfizer buys Seagen for $43B, boosts access to cancer drugs
    Pfizer will spend $43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said Monday that it will pay $229 in cash for each Seagen share. Bothell, Washington-based Seagen Inc. is a biotech drug developer that specializes in antibody-drug conjugate, or ADC, technology.  ( 48 min )
    Pfizer to purchase Seagen in $43 billion all-cash deal, cancer biotech’s stock pops 20%
    Pfizer Inc. plans to acquire cancer biotechnology company Seagen Inc. in a deal with a $43 billion enterprise value, the companies announced Monday morning....  ( 23 min )
    ‘It’s not easy to get rich quick’ — but stealing these 3 frugal habits from Warren Buffett can really speed things up
    You won’t even owe him a penny for his thoughts.  ( 49 min )
    First Republic Stock Plummets As Banks Wobble From SVB Collapse Despite Fed Backstop
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    Hercules Capital said it has ‘ample liquidity’ to support requirements, but stock keeps falling
    Hercules Capital Inc. looked to reassure investors on Monday by saying it was working with bondholders, stakeholders and stockholders to “navigate...  ( 23 min )
    Football star Terrell Owens said these are some of ‘the most idiotic’ purchases we can make. Pros say avoiding those kinds of expense traps could save you big bucks
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    Oil faces a 'serious problem' by 2024 as production capacity runs out, warns Goldman Sachs — here are 3 big oil stocks with yields as high as 3.8%
    The days of $100 oil may not be over.  ( 48 min )
    I plan to retire at 62. I get $1,500 a month in rental income and have $200,000 in savings. Should I get a financial adviser to help me?
    Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 25 min )
    These Stocks Are Moving the Most Today: First Republic, Provention Bio, Roku, Illumina, Boeing, and More Market Movers
    First Republic shares are sinking Monday even as it received funding from JPMorgan Chase and the Federal Reserve, Provention Bio soars after agreeing to be acquired by France's Sanofi in a $2.9 billion deal, and Carl Icahn is a preparing a proxy fight at Illumina, a report says.  ( 24 min )
    Provention Bio Stock Soars on $2.9 Billion Acquisition by Sanofi
    The biopharmaceutical company agrees to be acquired by France's Sanofi for $25 a share, or about $2.9 billion.  ( 24 min )
    Oil Declines as SVB’s Collapse Reverberates Through Markets
    (Bloomberg) -- Oil fell as the fallout from the collapse of Silicon Valley Bank — the worst since the 2008 financial crisis — rippled across markets.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesBonds Surge, US Futures Erase Gains on SVB Fallout: Market WrapUS authorities are rushing  ( 48 min )
    Silicon Valley Bank collapse — everything you need to know right now: Morning Brief
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    SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback
    (Bloomberg) -- Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesBonds Surge, US Futures Erase Gains on SVB Fallout: Market WrapAs chief executive officer of SVB Fi  ( 51 min )
    First Republic Bank shares slump 60% in premarket trade
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    Chinese Stocks Outperform in Asia on Bets for Policy Consistency
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    US Regional Banks Remain Under Pressure as First Republic Sinks
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    Credit Suisse shares fall to new record low after collapse of SVB and Signature Bank
    Credit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant...  ( 23 min )
    European stocks slip in early trade after U.S. bank bailout package
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    Silicon Valley Bank had more red flags than a CCP meeting but regulators cared about climate not bank risks
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    Sanofi to buy Provention Bio in deal worth $2.9 billion
    French pharmaceutical group Sanofi said Monday that it will buy Provention Bio, Inc., a U.S.-based biopharmaceutical company focused on autoimmune diseases,...  ( 22 min )
    Gundlach, Ackman Weigh Fed’s US Bank Rescue Impact on Markets
    (Bloomberg) -- The failure of Silicon Valley Bank and the government rescue of its depositors are ripping through market bets on everything from the economy to the US interest-rate outlook. Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to Avert Crisis After SVB  ( 49 min )
    Here Are the Biggest Asian Companies Caught in SVB’s Fallout
    (Bloomberg) -- Some Asian technology firms have disclosed cash deposits at troubled US lender Silicon Valley Bank, known for its deep ties with the sector, with most emphasizing the amounts were immaterial to their operations.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallUS Backstops Bank Deposits to Avert Crisis After SVB CollapseUS Plans Em  ( 48 min )
    SVB was only a little bit insolvent, luckily
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    The Fed’s near-zero interest rate experiment was destined to have unintended consequences. Backstopping SVB’s collapse is just the first one
    SVB's collapse has triggered a historic reframing of depression-era deposit insurance.  ( 47 min )
    Bitcoin jumps more than 9% as U.S. acts to protect deposits at crypto-linked banks
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    SVB Bonds the US Says Will Be ‘Wiped Out’ Gain in Rare Session
    (Bloomberg) -- As US government officials pledged to fully protect all depositors of the failed Silicon Valley Bank, they had a specific message for investors in the bonds and shares of the bank’s holding company.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to  ( 48 min )
    Fed Bets Pared as Goldman Scraps March Hike Call on Flaring Risk
    (Bloomberg) -- Less than a week after Federal Reserve Chair Jerome Powell opened the door to a re-acceleration in the pace of interest-rate hikes, traders slammed it shut again amid the sudden eruption of financial strains at the US regional bank level.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Bank  ( 49 min )
    SVB Clients in Limbo After Seeking Refuge in Money-Market Funds
    (Bloomberg) -- In the hours leading up to Silicon Valley Bank’s collapse, a slew of startups tried to withdraw their cash. Those that couldn’t turned to a last-ditch option: parking it in third-party money-market funds offered through the lender.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After  ( 48 min )
    US Yields May Jump Back to 4% as SVB Rescue Reverses Haven Trade
    (Bloomberg) -- US 10-year Treasury yields may snap back up to 4% as government efforts to quash contagion risks from the collapse of Silicon Valley Bank damp demand for haven assets. Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to Avert Crisis After SVB Collap  ( 46 min )
    With SVB and Signature, the US is making a "systemic risk exception" for systemically unimportant banks
    With a resoluteness befitting a response to the threat of an all-out banking crisis, US banking regulators issued a joint statement on the evening of March 12, declaring that all depositors in the failed Silicon Valley Bank (SVB) will have full access to their funds starting March 13.  ( 48 min )
    S&P Futures Jump on SVB Backstop, Dovish Fed Bets: Markets Wrap
    (Bloomberg) -- US stock futures rallied more than 1% and the dollar slid versus major peers Monday as traders digested the steps taken by regulators to shore up the American financial sector in the wake of Silicon Valley Bank’s failure.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBUS Says All  ( 48 min )
    First Republic Bank gets funding boost from Fed, JPMorgan
    First Republic Bank said Sunday it had bolstered its financial position through "additional liquidity" from the Federal Reserve and JPMorgan Chase & Co.  ( 22 min )
    ‘Buy the Dip in Bank Stocks,’ Goldman Sachs Says. Here Are 2 Names to Consider
    Last week ended with the worst day for bank stocks since the financial crisis of 2008. The collapse of Silicon Valley Bank, the country’s 16th largest banking firm and the lender of first resort for the start-ups of California’s tech world, has sparked fears of a larger bank run, or even a repeat of the systemic financial troubles. That’s the worst-case worries – but according to Goldman Sachs’ chief credit strategist, Lotfi Karoui, these fears may be overblown. “We think the risk of contagion f  ( 49 min )
    Asian shares mostly sink on jitters after US bank failure
    Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world. Japan's benchmark Nikkei 225 slipped 1.8% to 27,643.59 in morning trading. Before trading began in Asia, the U.S. Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be protected and have access to their funds and announced steps designed to protect the bank’s customers and prevent more bank runs.  ( 48 min )
    SVB Collapse: "Big Short" Burry Accuses Regulators of Rewarding "Greed"
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    First Republic Gets Additional Funding From Fed, JPMorgan
    The fresh funding gives the bank, which was under pressure following the collapse of Silicon Valley Bank last week, $70 billion in unused liquidity.  ( 25 min )
    Federal Regulators Launch $25 Billion Program to Protect Deposits
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    Signature Bank Closure Deals Another Blow to Crypto Industry
    (Bloomberg) -- The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the banking system.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Som  ( 48 min )
    SVB Collapse: U.S. Regulators Pull Out a Bazooka to Avert Disaster
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  • Open

    What to Do If You Can’t Max Out Your 401(k)
    Maxing out a 401(k) is not ideal for everyone. If you have limited investment choices or a tight cash flow, you may not want to max out a 401(k). Here’s what to do.  ( 16 min )
    Contribution Limits for IRAs, 401(k)s in 2022
    Contribution limits for IRAs, 401(k)s, and other plans can change from year to year due to cost-of-living adjustments. Here are the changes for 2022.  ( 17 min )
    CD Rate Trends, Week of March 13: Rates Rise in a Few Key Terms
    The top rate increased in three of the most popular CD terms this week, while holding steady in the other terms.  ( 13 min )
    Reservable Deposit Definition
    Reservable deposits, like transaction accounts, savings accounts, and non-personal time deposits, are subject to Federal Reserve reserve requirements.  ( 16 min )
    Charles Schwab Shares Slump
    Shares of Charles Schwab (SCHW) sank despite the discount brokerage's attempts to distance itself from the troubles in the banking sector.  ( 10 min )
    Charles Schwab vs. Vanguard
    Charles Schwab and Vanguard are both huge financial firms that have a fundamentally different approach to online investing.  ( 17 min )
    Markets End Mixed With Banks Dominating the Session
    U.S. stocks opened the week with a mixed performance on March 13 as markets reacted to the government's moves to stabilize the banking sector.  ( 12 min )
    Are All Bank Accounts Insured by the FDIC?
    The Federal Deposit Insurance Corp. is an independent government agency that protects you against loss of deposit, up to a certain amount, if your bank goes under.  ( 16 min )
    Maximizing Retirement Plan Withdrawals
    There can be significant tax advantages to taking withdrawals from one retirement account over another.  ( 18 min )
    Types of Specialty Certificates of Deposit (CD) Explained
    Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.  ( 16 min )
    Tier 1 Capital: Definition, Components, Ratio, and How It's Used
    Tier 1 capital is used to describe the capital adequacy of a bank and refers to its core capital, including equity capital and disclosed reserves.  ( 17 min )
    Qualified Distribution: Definition, How Plans Work, and Taxation
    A qualified distribution is a withdrawal that is made from an eligible retirement account and accords with IRS rules for such withdrawals.  ( 17 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 17 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 19 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 15 min )
    What Is Securitization? Definition, Meaning, Types, and Example
    Securitization involves taking a group of income-producing assets and turning them into one investable security.  ( 20 min )
    Is Your Money Safe Amid Regional Bank Worries?
    A rout in regional bank stocks has some money managers reassuring clients their money is safe.  ( 11 min )
    Banking Chaos Could Prompt Fed to Slow or Pause Rate Hikes
    Officials at the Federal Reserve seemed intent on raising interest rates—the recent chaos in the banking system has called that into question.  ( 14 min )
    Reserve Requirements: Definition, History, and Example
    Reserve requirements refer to the amount of cash that banks must hold in reserve against deposits made by their customers.  ( 17 min )
    What Really Brought Down Silicon Valley Bank, and What Happens Next
    Christopher Whalen, Chairman of Whalen Global Advisors and author of the Institutional Risk Analyst newsletter, joins the show to explain how SVB's mismanagement and the Fed's lack of awareness on the impact of rising interest rates brought down the 40-year financial institution. We also look into the overall health of the nation's banks amid these rising rates, and the prognosis isn't great. Also, commodity prices have come off their highs and could finally lead headline inflation lower.  ( 12 min )
    Investors Seek Safety in Wake of Bank Failures
    U.S. bond yields fell by the most since the 2008 global financial crisis as worried investors sought safety after the failure of SVB and Signature  ( 14 min )
    Cryptocurrencies To Watch: Week of March 13
    This week’s cryptocurrencies to keep an eye on are Kava (KAVA), UNUS SED LEO (LEO), Aptos (APT), BNB (BNB), and Pax Gold (PAXG).  ( 13 min )
    Defining 3 Types of Investments: Ownership, Lending, and Cash
    Investments are expected to produce income or profit. They can be broken down into three basic groups: ownership, lending, and cash equivalents.  ( 19 min )
    Pfizer Agrees to Buy Cancer Drug Maker Seagen for $43 Billion
    Deal will depend on U.S. antitrust review  ( 11 min )
    First Republic Shares Drop 70% as Regional Bank Worry Spreads
    First Republic Bank shares plunged 70% on Monday despite emergency measures from regulators aimed at halting SVB contagion.  ( 11 min )
    Another Crypto Lender Fails as Signature Bank Shuts Down
    Signature Bank, one of the biggest lenders to the crypto industry, was shut down by New York regulators Sunday in the third-largest bank failure in U.S. history, ranking behind only Silicon Valley Bank's shutdown on Friday and the collapse of Washington Mutual during the 2008 Financial Crisis.  ( 11 min )
    Continuing Claims Definition
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    Overdraft Explained: Fees, Protection, and Types
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    Has ChatGPT Put Bing Back Into Search Engine Discussion?
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    Non-Sufficient Funds (NSF): What It Means & How to Avoid Fees
    An NSF fee or non-sufficient funds fee is incurred when a bank account does not have enough money to cover a payment.  ( 19 min )
    Unemployment Claim Definition
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 18 min )
    How to Minimize Taxes on 401(k) Withdrawals
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    What You Need to Know About Student Loan Servicers
    Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.  ( 17 min )
    Reasons Your 401(k) Is Not Enough for Retirement
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    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 22 min )
    5 Things to Know Before Markets Open
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    Do Tax Brackets Include Social Security?
    A portion of Social Security benefits are subject to taxation, and they can affect your tax bracket as part of ordinary income.  ( 17 min )
    Reserves-to-Production Ratio Definition
    The reserves-to-production ratio is an estimate of the amount of a natural resource that remains available based on current production rates.  ( 16 min )
    Late Fee: Definition, How They Work, and How to Avoid Them
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    Opening Your Child's First Bank Account
    Teach your children how to save to meet their spending and saving goals.  ( 17 min )
    US Unveils `Decisive' Action on SVB, Says All Depositors Will Have Access to Deposits
    Federal regulators announced emergency measures to halt contagion from the collapse of Silicon Valley Bank; customers to have access to their money without taxpayer help.  ( 14 min )
    What Can CDs Be Used For?
    You can use a certificate of deposit (CD) to save for short-term goals or to invest risk-free for the long term. Here are the pros and cons.  ( 16 min )
    Distress Price Definition
    A distress price is when a company chooses to mark down the price of an item or service instead of discontinuing the product in question altogether.  ( 13 min )
    Teacher Liability Insurance: What It Is, Costs, and Companies
    Teacher liability insurance should be affordable, comprehensive, and easy to access. Find out the coverages you need and who some of the best providers are.  ( 16 min )
    Anticipated Interest Definition
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  • Open

    Planbureau: Maak water uitgangspunt van alle investeringen
    Rivieren en andere 'watersystemen' moeten centraal komen te staan in keuzes over grote landschappelijke investeringen. Dat schrijft het Planbureau voor de Leefomgeving (PBL) dinsdag in een nieuw rapport. Die aanbeveling is niet specifiek bedoeld voor Nederland, maar voor álle rivierdelta's en kustgebieden ter wereld. Die staan steeds meer onder druk door klimaatverandering en menselijk watergebruik.  ( 5 min )
    Federal Reserve onderzoekt haar toezicht op omgevallen Silicon Valley Bank
    De Federal Reserve gaat een intern onderzoek doen naar haar toezicht op de Silicon Valley Bank (SVB) voordat deze omviel. Die gebeurtenissen vragen volgens Fed-voorzitter Jerome Powell namelijk om een "grondige, transparante en snelle herziening".  ( 3 min )
    Internetproviders voorzichtig met doorberekenen van inflatie
    Telecombedrijven durven niet de volledige inflatierekening bij klanten te leggen, uit angst dat ze weglopen. Ziggo kondigde vorige week een prijsverhoging van 8,5 procent aan. Dat is een flinke stijging, maar nog altijd minder dan de inflatie van 10 procent. KPN deed eind vorig jaar iets soortgelijks.  ( 3 min )
    Salarisverhogingen blijven stijgen en vestigen nieuw eeuwrecord
    De 340.000 werknemers voor wie afgelopen maand een nieuwe cao is afgesloten, krijgen er gemiddeld 7 procent salaris bij. Dat is voor deze eeuw een nieuw record, meldt werkgeversorganisatie AWVN.  ( 3 min )
    Silicon Valley Bank failliet: is er een nieuwe bankencrisis op komst?
    De Silicon Valley Bank (SVB) is door de autoriteiten in de Amerikaanse staat Californië gesloten. Het faillissement zorgt voor veel onrust op de financiële markten. "Het risico is dat er een domino-effect ontstaat", zegt Koen Bender van Mercurius Vermogensbeheer.  ( 6 min )
    Brits deel van omgevallen Silicon Valley Bank komt in handen van bankreus HSBC
    De in Londen gevestigde bank HSBC neemt het Britse deel van de omgevallen Silicon Valley Bank (SVB) over. Dat meldt de Britse regering, die hoopt dat hiermee de schade van het faillissement van de Amerikaanse bank beperkt blijft.  ( 5 min )
    Nieuw soort lidmaatschap zorgt voor financieel gezonder Basic-Fit
    Basic-Fit vaart wel bij een nieuw type lidmaatschap dat de keten van fitnesscentra sporters aanbiedt. Om de stijgende kosten het hoofd te bieden, heeft het Nederlandse bedrijf het zogenoemde Comfort-lidmaatschap voor 24,99 euro geïntroduceerd.  ( 3 min )
    Aantal faillissementen op hoogste punt in ruim 2,5 jaar
    277 bedrijven gingen vorige maand op de fles. Dat is het grootste aantal faillissementen sinds medio 2020, blijkt uit cijfers van statistiekbureau CBS. Met name in de horeca gingen relatief veel bedrijven kopje-onder.  ( 3 min )
    Slechte natuur en hoge rente: twijfels over haalbaarheid bouw 900.000 woningen
    Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 6 min )
    Nederlands bedrijf heeft miljoenen op rekening bij failliete Silicon Valley Bank
    Het Nederlandse Pharming heeft 45 miljoen dollar (ruim 42 miljoen euro) op een rekening bij de failliet verklaarde Silicon Valley Bank (SVB) staan. Dat is ongeveer een kwart van al het geld dat het Leidse biotechbedrijf in kas heeft.  ( 3 min )
    Helft van stakend ziekenhuispersoneel vindt werkdruk veel te hoog
    De helft van het personeel in de ziekenhuizen vindt de werkdruk te hoog, blijkt uit een een meting van statistiekbureau CBS in 2022. Dat aandeel is zelfs hoger dan in de twee voorgaande coronajaren. Het is een van de redenen dat donderdag in 64 ziekenhuizen gestaakt wordt. Alleen spoedzorg wordt nog verleend.  ( 5 min )
    Provincies gaan woondoelen van kabinet niet zomaar halen
    Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 6 min )

  • Open

    US Says All SVB Deposits Safe, Creates New Backstop for Banks
    (Bloomberg) -- US authorities raced on Sunday to stem jitters about the health of the nation’s financial system, pledging to fully protect all depositors’ money following the collapse of Silicon Valley Bank while also giving any banks squeezed for cash easier terms on short-term loans.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergenc  ( 49 min )
    Signature Bank Closed by New York Regulators in SVB’s Wake
    (Bloomberg) -- Signature Bank was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of SVB Financial Group’s Silicon Valley Bank spreads to other lenders.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Some Uninsured SVB Deposi  ( 48 min )
    Regulators seize Signature Bank in third-largest US bank failure
    Signature Bank becomes the second regional bank to failure in two days as regulators seek to restore calm to the banking world before markets open.  ( 48 min )
    SVB Collapse: Federal Regulators Shut Down Signature Bank in New York
    No content preview
    Treasury, Fed and FDIC joint statement on SVB and Signature Bank: full text
    Full text of U.S. financial regulators' statement on Silicon Valley Bank and Signature Bank.  ( 24 min )
    U.S. government guarantees all Silicon Valley Bank deposits, money available Monday
    Silicon Valley Bank depositors will be made whole and have access to their money starting Monday morning, according to a statement from the Treasury, Fed, and FDIC on Sunday.  ( 47 min )
    Crypto-friendly Signature Bank shut down by regulators, after collapses of Silicon Valley Bank, Silvergate
    State authorities closed Signature Bank Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008...  ( 22 min )
    "Our Capital Remains Strong": First Republic Bank Tries to Reassure After SVB Collapse
    No content preview
    First Republic Says Everything Is Fine. Why the Stock Market Is Worried.
    Shares of San Francisco-based First Republic swooned last week amid the collapse of Silicon Valley Bank as investors worried about a contagion.  ( 24 min )
    Did the Fed plant the seeds of destruction of Silicon Valley Bank?
    Did the Federal Reserve's rapid interest-rate hikes cause the collapse of Silicon Valley Bank? The debate rages on Twitter.  ( 23 min )
    US Plans Emergency Measures to Backstop Banks After SVB
    (Bloomberg) -- The Federal Reserve and the Treasury Department are preparing emergency measures to shore up banks and ensure they can meet potential demands by their customers to withdraw money, as the US seeks to stave off a deeper crisis after SVB Financial Group’s failure.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailFDIC Auction for Failed SVB Underway, Final Bids Due SundaySVB Fallout Spreads Around World From London to SingaporeFDIC Races to Return Some U  ( 48 min )
    Feds Could Guarantee All Silicon Valley Bank Deposits: Report
    The drastic move would require the bank's failure to be attributed to "systemic risk."  ( 47 min )
    SVB collapse means more stock-market volatility: What investors need to know
    How regulators respond to the 2nd largest bank collapse in U.S. history holds key to market reaction after investors opted to 'sell first, ask questions later.'  ( 26 min )
    Fed Discusses Easing Access to Discount Window to Help Banks
    (Bloomberg) -- The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses that toppled SVB Financial Group.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailFDIC Auction for Failed SVB Underway, Final Bids Due SundaySVB Fallout Spreads Around World From London to SingaporeFDIC Races to Return Some Uninsured SVB Deposits MondayStartup Bank Ha  ( 48 min )
    One Day, Your Roth IRA Gains Will Equal the Annual Contribution
    Find out how to set an investment goal, and see how a Roth IRA can help you reach it.  ( 22 min )
    After Silicon Valley Bank failure ‘there’s going to be more,’ warns former FDIC Chair William Isaac
    “There’s no doubt in my mind," said Isaac. "Seems to me to be a lot like the 1980s.”  ( 47 min )
    U.S. and U.K. regulators consider ways to help SVB depositors, FDIC auctioning assets – reports
    The U.S. Federal Deposit Insurance Corporation is reportedly holding an auction for the assets of failed Silicon Valley Bank of California this weekend,...  ( 26 min )
    SVB Collapse: Regulators Are Reportedly Auctioning Failed Bank's Assets for Cash
    No content preview
    Janet Yellen Says Government Won't Bail Out Silicon Valley Bank
    No content preview
    No Bailout for SVB. Here’s What to Expect.
    Treasury Secretary Janet Yellen took a bailout of SBV off the table, but clarified that regulators are working to make sure the bank’s depositors don’t suffer.  ( 24 min )
    Liquidity Group Plans $3 Billion Emergency Loans to Aid Start-Ups Hit by SVB
    (Bloomberg) -- Global asset manager and tech lender Liquidity Group is planning to offer about $3 billion in emergency loans to start-up clients hit by the collapse of Silicon Valley Bank. Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeFDIC Auction for Failed SVB Underway, Final Bids Due SundayStartup Bank Had a Startup Bank RunFDIC Races to Return Some Uninsured SVB Deposits MondayLiquidity has about $1.2  ( 46 min )
    Silicon Valley and Wall Street Beg the Government to Bail Out SVB
    No content preview
    Can the chaos from Silicon Valley Bank's fall be contained?
    Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Prominent Silicon Valley personalities and executives have been hitting the giant red “panic" button, saying that if Washington does not come to the rescue of Silicon Valley bank’s depositors, more bank runs are likely this week.  ( 51 min )
    As Silicon Valley Bank concerns grow, Yellen says she has been ‘working all weekend with our banking regulators to design appropriate policies’ to address depositors
    Treasury Secretary Janet Yellen on Sunday on “Face the Nation,” says the government is working on ways to stem the damage of SVB's stunning collapse.  ( 25 min )
    What’s next for stocks after Silicon Valley Bank collapse, with investors awaiting key inflation reading
    Traders are preparing for Tuesday's consumer-price index for February to show no meaningful letup in U.S. inflation.  ( 26 min )
    TipRanks ‘Perfect 10’ List: Here Are 2 Top-Rated Tanker Stocks for Investors Who Like Winners
    In the wake of Russia’s war on Ukraine, oil prices jumped to a 14-year record. While they have pulled back from that peak, they still remain at decadal high levels. The obvious winners in this scenario are the world’s major oil producers, in the US and abroad, which are able to maintain profits on lower production – but they aren’t the only beneficiaries. Companies in the oil transport network have also come out ahead over the past year. Shipping firms – companies operating the great tankers tha  ( 50 min )
    Exxon Mobil vs. Chevron: Comparing 2 Oil Giant, Dividend Aristocrats
    Let's analyze the two supermajors on the basis of asset quality, future growth prospects, valuation and dividend safety/attractiveness.  ( 21 min )
    Boeing Close to Being Named Supplier For a New Saudi Arabian Airline
    Saudi Arabia's Public Investment Fund was close to naming Boeing as the initial supplier for a new national Saudi airline, The Wall Street Journal reported.  ( 24 min )
    Dow Jones Futures: FDIC Ready For Monday After SVB Financial Collapse? Watch These Stocks
    No content preview
    Regulators Face Urgent Task to Stem Spread From Silicon Valley Bank
    Their next steps could have ripple effects through the financial system.  ( 26 min )
    'Big Short' Michael Burry Warns of Another Major Bank Collapse
    No content preview
    Bearish Bets: 3 Well-Known Stocks You Should Think About Shorting This Week
    These recently downgraded names are displaying both quantitative and technical deterioration.  ( 12 min )
    IRS tax audits ‘target and burden lower-income families,’ say tax experts
    Families are burdened with never-ending notices and refund delays.  ( 47 min )
    E-commerce demand has slowed. FedEx’s results will show us where it stands now
    When package-deliverer FedEx Corp. reports its third-quarter earnings on Thursday, the results won't just be about the state shipping.  ( 26 min )
    Savers Pile Money Into Bank CDs as Rates Top 5%
    High inflation, rising interest rates, and economic anxiety are making certificates of deposit cool again.  ( 25 min )
    Markets at Risk of More Upheaval as Banking Uncertainty Persists
    (Bloomberg) -- Traders are steeling themselves for the risk of more turbulence after the biggest US bank collapse since the 2008 financial crisis sent shockwaves through markets. Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured SVB Deposits MondayThe unravelling of SVB Fina  ( 49 min )
    SVB fallout, inflation, retail sales: What to know this week
    The failure of Silicon Valley Bank and how investors react in the week ahead will be the market's top focus, though key economic data on inflation and retail sales ought not to be overlooked.  ( 49 min )
    Yellen says no federal bailout for Silicon Valley Bank
    Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up to $250,000, but many of the companies and wealthy people who used the bank — known for its relationships with technology startups and venture capital — had more than that amount in their account. Yellen, in an interview with CBS' “Face the Nation,” provided few details on the government's next steps.  ( 47 min )
    These lawmakers are pushing hard to ‘make it easier’ for Americans to maximize their Social Security benefits — plus 3 tips to make it work even without their help
    Protect your nest egg from cracking under pressure.  ( 49 min )
    Fed Flies Blind on Monetary Policy With Rising Risk of a 6% Rate
    (Bloomberg) -- The Federal Reserve is flying blind as it tries to bring down inflation without breaking the financial system or crashing the US into a recession.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunFDIC Races to Return Some Uninsured SVB Deposits MondaySVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicAhead of a crucial meeting later this month,  ( 50 min )
    The 5 most pressing questions answered about Silicon Valley Bank’s collapse
    How can a bank run happen in 2023? Why didn’t anyone step in to save SVB? And who is at risk now?  ( 51 min )
    U.K. Offers Aid to Silicon Valley Bank Customers
    The U.K. Treasury says that it wants to minimize damage to promising companies.  ( 24 min )
    Column: Silicon Valley Bank broke. Silicon Valley is broken
    The failure of Silicon Valley Bank demonstrates the risk in showering unproven companies with cash and in handing so much power to venture capitalists to manage the process.  ( 49 min )
    A $13 Billion Plunge in Bond Sales Hints at Pain for EM Credit
    (Bloomberg) -- The pipeline of company debt from emerging markets is running dry as major central banks continue to raise borrowing costs and investors grow increasingly wary after a series of high-profile corporate blowups.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured S  ( 50 min )
    'People vote with their feet': Florida is the fastest-growing state for the first time in 65 years — here are 3 top stocks to capitalize on this historical shift
    Folks are flocking to the Sunshine State. Are you savvy enough to get some exposure?  ( 48 min )
    This Energy Stock Is Rocketing. Its Chairman Just Bought Shares.
    Transocean stock has surged 46% so far this year after last year’s 65% gain. Chairman Chad Deaton just scooped up more shares of the offshore-drilling company.  ( 24 min )
    My Bank Trade? An 'Insurance Policy' on BofA I Hope Doesn't Pay Off
    I bought a small number of July puts on Bank of America, after the fall of Silicon Valley Bank. Here's why and why I don't necessarily hope it works.  ( 14 min )
    ‘Hot IPOs;’ These Newly-Public Stocks Are ‘Strong Buys,’ According to Analysts — Here’s Why and Where They’re Headed
    It’s no easy task making sense of the stock market these days. The year began in an optimistic mood, but following a downtrend that began in February, the S&P 500 is almost back to the level it was at when 2023 kicked into action. And these confusing and uncertain times have been reflected in the IPO market. IPOs depend strongly on the predictability of available capital; whether it runs cheap or expensive, both companies and investors want to have certainty. And what we’re seeing now is an exte  ( 49 min )
    Fill 'er up: This Texas gas station went viral over job postings offering up to $225K a year (plus benefits and vacation). 3 ways to make your own juicy compensation package
    What's in your tank?  ( 49 min )
    Dividend Stocks Have New Competition: Cash
    Government-bond yields at their highest levels in more than a decade and a soggy stock market have led to a steady decline in the number of stocks that offer comparatively high yields.  ( 24 min )
    Wall Street Braces for the Next Silicon Valley Bank
    Shares of regional banks tumbled amid concerns that Silicon Valley Bank’s collapse is only the beginning.  ( 28 min )
    How Wind Can Power the Planet and Aid GE Stock
    Wind power is growing in the U.S. and accounting for a a larger share of global electricity generating capacity.  ( 24 min )
    Fed Rate Puzzle Gets Final Inflation, Retail Pieces
    (Bloomberg) -- Reports this week expected to show still-hot US inflation and a backslide in retail sales round out the last of key economic data markers for Federal Reserve policymakers ahead of their upcoming meeting.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured SVB Dep  ( 52 min )
    From Shanghai to Mumbai, Tech Chiefs Race to Contain SVB Fallout
    (Bloomberg) -- Asia’s tech leaders, half a world away from the chaos that’s engulfed Silicon Valley, are scrambling to assess the potential ramifications for an industry that’s always relied heavily on US capital and connections to supercharge growth.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auct  ( 50 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 13 min )
    10 Biggest & Most Valuable Companies in the World
    With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 14 min )
    SVB Collapse: Vox Media, Etsy Hit by Bank Shutdown
    No content preview
    Billionaire Bill Ackman on SVB collapse: Government has 48 hours to fix 'irreversible mistake'
    Billionaire investor Bill Ackman said that the U.S. government needs to take serious action to prevent the financial ruin of other banks amid the failure of Silicon Valley Bank.  ( 47 min )
    SVB Collapse: Legendary Financier Bill Ackman Warns of Massive Bank Runs
    No content preview
    Silicon Valley Bank’s Meltdown Visualized
    Here is what the second-largest bank failure in U.S. history looks like in graphics.  ( 30 min )
    Roku Among Most-Exposed Firms With Assets Caught in SVB Failure
    (Bloomberg) -- Of the companies listing assets caught up in the collapse of Silicon Valley Bank on Friday, Roku Inc. is among those reporting the heaviest exposure. Most Read from BloombergSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeDozens of companies have reporte  ( 48 min )
    US Discusses Fund to Backstop Deposits If More Banks Fail
    (Bloomberg) -- The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would allow the regulators to backstop more deposits at banks that run into trouble following Silicon Valley Bank’s collapse.Most Read from BloombergSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swift  ( 47 min )
    FDIC Races to Return Some Uninsured SVB Deposits Monday
    (Bloomberg) -- US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Va  ( 49 min )
    Silicon Valley Bank exec was Lehman Brothers CFO prior to 2008 collapse
    Prior to the Lehman Brothers collapse, Joseph Gentile was its CFO until 2007 when he left and became Silicon Valley Bank's Chief Administrative Officer.  ( 47 min )
    Will We See A Return Of Triple Digit Oil This Year?
    Oil prices have effectively erased all their gains following the start of the Ukraine war, and for the last couple of months, crude has been trading in a relatively tight range  ( 48 min )
  • Open

    Forex E-Book Definition
    As its name suggests, a forex e-book is simply a type of electronic book that deals with foreign exchange trading.  ( 12 min )
    What Is the Multiplier Effect? Formula and Example
    The multiplier effect measures the impact that a change in investment will have on final economic output.  ( 21 min )
    Financial Literacy for Parents
    Here is a round-up of resources that help parents manage their money wisely and pass those skills on to their children.  ( 17 min )
    Yellen Vows SVB Help, But `No Bailout'
    Treasury Secretary Janet Yellen ruled out a government bailout for failed Silicon Valley Bank amid speculation of a special backstop vehicle, auction.  ( 12 min )
    How to Inspire a Love of Math
    The current standard math curriculum is not designed to inspire the interest of students. Here are some suggestions on how to fix the problem.  ( 22 min )
    How to Teach Your Child About Cryptocurrency
    Prepare your kids by introducing them to the basics of currency before they tackle the intricacies of cryptocurrencies.  ( 22 min )
    One Day, Your Roth IRA Gains Will Equal the Annual Contribution
    Find out how to set an investment goal, and see how a Roth IRA can help you reach it.  ( 22 min )
    How to Make Early Retirement a Reality
    Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 17 min )
    What Happened to Coinbase Pro?
    In November 2022, Coinbase began migrating customer accounts from Coinbase Pro to Coinbase Advanced Trade. Find out what this means for new and existing users.  ( 12 min )
    Tax Refund Missing? Reasons You Never Received One
    The reasons for a delay in getting your tax refund can range from incorrect information on your tax forms to a debt offset or even identity theft.  ( 18 min )
    Mark Cuban Returns to Acting. Here's How He Made His Billions
    Mark Cuban, who plays a king in 2023's motion picture Royal Runaway, made billions with a series of business ventures, owning an NBA team, and investing in dozens of startups.  ( 12 min )
    Food Vendor Insurance: What It Is, Costs, and Companies
    Food vendor insurance is essential if you have a business selling food products. Learn what it is, how much it costs, and which companies offer it.  ( 16 min )
    Pros and Cons of Rolling Your Pension Into a Roth IRA
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  • Open

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  • Open

    SVB Draws Support From More Than 100 Venture Firms, Investors
    (Bloomberg) -- More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls to limit the fallout of the bank’s collapse and avoid a possible “extinction-level event” for tech companies. Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender,  ( 48 min )
    Mark Cuban urges Fed to buy Silicon Valley Bank debt ‘immediately,’ says it’s ‘not the wealthy taking the hit’
    It's entrepreneurs and their employees and vendors who are "feeling the pain," Cuban said.  ( 46 min )
    Hedge funds and banks offer to buy deposits trapped at Silicon Valley Bank
    Some hedge funds and banks are offering to buy deposits trapped at the failed Silicon Valley Bank, according to reports on Saturday.  ( 23 min )
    Etsy, Bill.com, and Others Disclose SVB Exposure
    The online marketplace and the software firm joined other companies citing deposits held at Silicon Valley Bank, which regulators closed on Friday.  ( 23 min )
    SVB CEO Sold $3.6 Million Worth of Shares Before Bank's Collapse
    No content preview
    Traders Brace for More Market Shocks After Week of Wild Swings
    (Bloomberg) -- Bank runs. Stiffening Federal Reserve resolve against inflation. Credit risk, and the risk of recession. Investors absorbed a lot of shocks the last few days. Shaking them off all at once may be impossible.Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Col  ( 47 min )
    Mark Cuban Had Millions at Failed Silicon Valley Bank
    No content preview
    Crypto Shaken as SVB Risk Depegs Second-Largest Stablecoin
    (Bloomberg) -- The fallout from the failure of Silicon Valley Bank reached further into crypto, unhinging a key cog in the market that’s meant to be among the safest digital assets in the space. The second-largest stablecoin, USD Coin traded as low as 81.5 cents as investors digested the exposure of its issuer Circle Internet Financial Ltd. to Silicon Valley Bank, which had just collapsed in one of the largest failures in US banking history. Most Read from BloombergStartup Bank Had a Startup Ban  ( 49 min )
    Andrew Yang warns of 'mass layoffs,' calls for government intervention after Silicon Valley Bank collapse
    Andrew Yang, a businessman and Democratic political candidate in multiple races, urged for government action on the collapse of Silicon Valley Bank warning of mass layoffs.  ( 47 min )
    Blindsided by SVB, Credit Traders Are Rushing Toward Safety
    (Bloomberg) -- The rapid failure of Silicon Valley Bank is threatening to upend a rebound in credit markets that had been luring investors back to even some of the riskiest corporate borrowers.Most Read from BloombergStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around Wo  ( 48 min )
    From wine country to London, bank's failure shakes worldwide
    It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. California Gov. Gavin Newsom said Saturday that he's talking with the White House to help "stabilize the situation as quickly as possible, to protect jobs, people's livelihoods, and the entire innovation ecosystem that has served as a tent pole for our economy.”  ( 51 min )
    Silicon Valley Bank Collapse: BlockFi Left $227 Million at Failed Bank
    No content preview
    The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?
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    How SVB Was Doomed By a Bad Bet on Mortgage Securities and the Fed’s Rate Hikes
    Silicon Valley Bank stumbled due to a mismatch of assets and liabilities, a mistake reminiscent of the thrift crisis of the 1970s.  ( 24 min )
    Etsy freezes transactions after Silicon Valley Bank closure, squeezing sellers nationwide
    Etsy sent out an email Friday to its sellers informing them of the transaction freeze, and some have complained that they cannot do anything until Monday morning.  ( 48 min )
    Stablecoin USDC falls below $1, faces $3.3 billion exposure to Silicon Valley Bank
    USDC, a stablecoin that is supposed to trade one-to-one against U.S. dollars, has fallen below $1 on Saturday, after creator Circle said it had over $3.3...  ( 24 min )
    SVB’s New Owner, the FDIC, Gives Workers 45 Days of Employment
    (Bloomberg) -- The Federal Deposit Insurance Corporation added a few new employees to its payroll late Friday, taking on workers from shuttered SVB Financial Group, at least for a few weeks, as it serves as receiver of the collapsed lending institution. Most Read from BloombergSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSilicon Valley Bank Swiftly Collapses After Tech Startups FleeSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitStartup Bank Had a Startup Bank Run  ( 47 min )
    Elon Musk May Buy Failed Silicon Valley Bank
    No content preview
    Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action
    Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.  ( 47 min )
    Saudi Sovereign Wealth Fund Close to Deal for Boeing Jets
    A large order for Boeing jets is expected to coincide with the launch of a new Saudi national airline.  ( 28 min )
    “The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure
    Bill Ackman warns some businesses may not be able to meet payroll if they can't get access to uninsured deposits held by the failed Silicon Valley Bank which...  ( 25 min )
    What Is the Roth IRA 5-Year Rule? Withdrawals, Conversions, and Beneficiaries
    The Roth IRA five-year rule applies in three situations and dictates whether withdrawals get dinged with penalties.  ( 21 min )
    Stocks Will Struggle to Beat 5% Treasurys, Strategists Say. And What the Heck Is ‘Out-Dexing?’
    Investors who can commit to 10 years or more should stick with stocks. Not that it’ll be easy, with an inverted yield curve that could signal recession, tepid growth, and elevated inflation. Plus, three top insurance picks.  ( 24 min )
    Silicon Valley Bank collapse could spark the next financial crash – but we cannot bail out failed bankers again
    Depositors can't get their money out. Payrolls might not be met next weekend. And small companies, especially in the fast growing technology industries, might soon face closure as their assets are frozen. There will be a lot of nervousness when the financial markets open on Monday morning following the collapse of the Silicon Valley Bank in the United States and the decision by the Bank of England to take control of its London arm.  ( 48 min )
    Alphabet, Lam Research Make Morningstar Favored-Stock List
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    Disney park price hikes 'too aggressive,' CEO Bob Iger admits
    Walt Disney Company's theme park pricing may have increased too aggressively, CEO Bob Iger said Thursday, in a speech at the Morgan Stanley Technology, Media and Telecom Conference.  ( 46 min )
    Silicon Valley Bank failed for one simple reason: its key startup clients lost faith.
    Silicon Valley Bank was forced to shutter after its core depositors — startup companies — took their money out in a shocking bank run, leaving many...  ( 26 min )
    SVB Fallout Spreads Around the World as UK Firms Plead for Help
    (Bloomberg) -- The fallout from the collapse of Silicon Valley Bank is starting to spread around the world. Most Read from BloombergSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowStartup Bank Had a Startup Bank RunSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSVB’s UK unit is set to be declared insolvent, has alread  ( 47 min )
    Where Were the Regulators as SVB Crashed?
    Silicon Valley Bank grew too fast using borrowed money—and the risks were lurking in plain sight.  ( 26 min )
    Roku, Roblox and others disclose their exposure to SVB in SEC filings
    The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including, as we know now from SEC filings, publicly traded companies like Roku, Roblox, Quotient, and others. Roku said in a filing that it had around $487 million held at SVB, representing around 26% of its cash and cash equivalents as of March 10, 2023, as Variety was first to report. "At this time, the Company does not know to what extent the Company will be able to recover its cash on deposit at SVB," Roku's filing stated.  ( 48 min )
    Silicon Valley Bank customers line up outside California location amid frantic rush to withdraw money
    Video shows customers lining up outside a Silicon Valley Bank location in Menlo Park, California, on Friday. The bank was seized by California regulators after it went insolvent as customers rushed to access their deposits.  ( 47 min )
    Is My Money Safe in the Bank During a Depression?
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    Vanguard: 60-40 Portfolio Is Alive and Well
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    This Is When You Shouldn't Buy an Annuity
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    Chad ‘Ochocinco’ saved 83% of his NFL salary by buying fake jewelry and sleeping in the stadium — here are 5 simple ways to preserve your wealth at an all-star level
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    Why a Bad Stock Market Week Doesn't Matter
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    What happened to Silvergate Capital? And why does it matter?
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    The 99-year-old investing legend has spoken.  ( 47 min )
    3 High Dividend Healthcare Stocks for Passive Income
    These recession-resilient names offer above-average dividend yields and decent growth prospects.  ( 21 min )
    'That retirement account has to be bigger’: Suze Orman says avoid these 5 financial blunders if you want to live your best life in retirement
    Avoid these money moves so you can retire with peace of mind.  ( 50 min )
    5 things you may have missed in investing this week
    More happening in markets than the SVB bank blowup.  ( 47 min )
    Bill Gates is using these dividend stocks right now to generate a fat inflation-fighting income stream ⁠— you might want to do the same for the rest of 2023
    Bill Gates looks for income, too. This is how he gets it.  ( 47 min )
    American Express and 4 More Companies That Raised Their Stock Dividends This Week
    Credit card and travel company American Express announced a 15% increase to its quarterly dividend.  ( 24 min )
    The $42bn bank run that sunk Silicon Valley Bank
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
    Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners.  ( 46 min )
    As Banks Topple, Regulators Face Reckoning for Week of Mayhem
    (Bloomberg) -- On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the US financial system.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Spectacularly Fails After Unthinkable  ( 49 min )
    SVB’s Stranded Deposits Spread the Pain From Tech to Napa Valley
    (Bloomberg) -- The ripple effects of one of the biggest US bank runs in over a decade are reaching a wide variety of businesses, as companies from startups to vineyard owners raise alarms. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Races to Prevent Bank Run as  ( 48 min )
    SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
    As SoFi shares fell Friday amid the fallout over Silicon Valley Bank's collapse, the financial-technology company's chief executive bought up stock.  ( 24 min )
    Silicon Valley Bank’s Failure May Lead to Smaller Fed Rate Hike
    With financial stocks reeling, the U.S. central bank is likely to hold its federal-funds increase to a quarter-point this month.  ( 24 min )
    Investor Mark Suster says a "handful" of bad actors in VC destroyed Silicon Valley Bank
    Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging "calm" on Twitter. Silicon Valley Bank had bungled its messaging on Wednesday around an effort to strengthen its balance sheet, and startup founders were beginning to fear that their deposits at the tech-friendly, 40-year-old institution were at risk. "More in the VC community need to speak out publicly to quell the panic about @SVB_Financial," wrote Suster, saying he believed in the bank's health and arguing that the biggest risk to startups, the VCs to whom the bank has long catered, and to SVB itself would be "mass panic."  ( 51 min )
    SVB Depositors, Investors Tried to Pull $42 Billion Thursday
    (Bloomberg) -- Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Races to Preven  ( 47 min )
    SVB Collapse: Roku Had $487 Million In Cash At Failed Bank, Rocket Lab, Roblox Also Affected
    No content preview
    Thiel’s Founders Fund Withdrew Millions From Silicon Valley Bank
    (Bloomberg) -- Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s  ( 47 min )
  • Open

    Credit, Debit, and Charge: Sizing Up the Cards in Your Wallet
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    For 2022 taxes filed in 2023, the fully refundable Child Tax Credit is $2,000 for children under age 17.  ( 19 min )
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    How to Roll Over a Traditional Thrift Savings Plan (TSP) to a Roth IRA
    There are different ways to move your retirement funds from a TSP to a Roth IRA, and taking the wrong step could prove costly.  ( 18 min )
  • Open

    Werknemers profiteren nauwelijks van de miljardenwinsten die bedrijven boeken
    Bedrijven als Shell, Unilever en Ahold Delhaize hebben vorig jaar miljardenwinsten geboekt. De multinationals profiteerden vooral van de hogere prijzen. En dat terwijl consumenten flink last hebben van de duurdere boodschappen en de hoge energierekening. Ondertussen blijven de lonen achter en zien werknemers hun koopkracht verdampen.  ( 7 min )
    Amerikaanse start-upbank SVB failliet, grootste die omvalt sinds bankencrisis
    Silicon Valley Bank (SVB) is vrijdag door de autoriteiten in de Amerikaanse staat Californië gesloten nadat het niet was gelukt om geld op te halen met de uitgifte van nieuwe aandelen. Daardoor kon de bank niet langer aan haar verplichtingen voldoen. De federale overheidsdienst FDIC is aangesteld als bewindvoerder.  ( 3 min )
  • Open

    Silicon Valley Bank Fails, Insured Deposits to Be Protected
    Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 1 min )
    US Equities Drop as Bank Worries Rattle Markets
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  • Open

    What To Do As S&P 500 Breaks Final Support; Watch JPMorgan, These Bank Stocks
    No content preview
    SVB Chief Sold $3.6 Million in Stock Days Before Bank’s Failure
    (Bloomberg) -- Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise  ( 48 min )
    This Growth ETF Has a Massive 11.4% Dividend Yield, and It Pays Monthly
    The JPMorgan Equity Premium Income Fund (NYSEARCA:JEPI) has become a hit in the ETF world thanks to its 12.2% dividend yield and its monthly payout. While many investors are likely familiar with JEPI thanks to the considerable level of fanfare it has garnered as it has grown to $21.8 billion in assets under management (AUM), they may not be as familiar with JEPI’s newer and somewhat less heralded cousin — the JPMorgan Nasdaq Premium Income ETF (NASDAQ:JEPQ). There are some notable differences be  ( 49 min )
    Tesla Price Cuts Trigger Desperate Fight For Survival In China's EV Market
    No content preview
    Boeing Can Resume 787 Dreamliner Deliveries, FAA Says
    Deliveries of the wide-body jets had been halted in February over a regulatory documentation issue.  ( 26 min )
    Roku says it ‘does not know’ how much of its cash it will be able to recover from SVB
    Streaming platform Roku Inc. on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with the recently-failed...  ( 22 min )
    Silicon Valley Bank CEO Greg Becker cashed out $2 million just before the collapse
    The chief executive of Silicon Valley Bank cashed out stock and options for a $2.27 million net gain in the weeks before Friday's collapse, public filings show.  ( 24 min )
    SVB Spectacularly Fails After Unthinkable Heresy Becomes Reality
    (Bloomberg) -- Greg Becker sat in a red armchair at an invite-only conference in Los Angeles last week, legs crossed, one hand cutting through air. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Spectacularly Fails After Unthinkable Heresy Becomes Reality“We pride  ( 51 min )
    Costco Gives Members a Gift It Doesn't Have to
    No content preview
    How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout
    For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout.  ( 49 min )
    Shareholders Side With Apple on Contentious Votes, Analyst Eyes $230 Per Share
    Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )
    A Silicon Valley Bank short seller explains how he knew the bank was in trouble months ago
    “I've never seen a balance sheet crumble this quickly,” says Dale Wettlaufer, a partner at Bleecker Street Research who shorted the stock in January.  ( 50 min )
    SVB’s Balance-Sheet Time Bomb Was ‘Sitting in Plain Sight,’ Short Seller Says
    (Bloomberg) -- The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the firm’s earnings reports.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies to Withdraw Mon  ( 48 min )
    DocuSign Shares Slide 23% as Margins Face Scrutiny
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    Intercept Tumbles As Its Experimental NASH Drug Faces Yet Another Obstacle
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    As Silicon Valley Bank collapses, these are the banks contrarians are buying
    Good-quality banks are getting painted with the same brush stroke as those that appear to be vulnerable to collapse  ( 20 min )
    A major Bay Area bank just failed. ‘Spectacular overpriced bubbles’ are going to keep popping, warns legendary investor Jeremy Grantham
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    First Republic Hit by Silicon Valley Bank Failure
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    SVB Financial CEO Greg Becker Sold $3.6 Million in Stock Nearly Two Weeks Ago
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    Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy
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    GBP to USD Weekly Forecast – The British Pound Has a Wild Week
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    Silicon Valley Bank Panic Crashes 9 Bank Stocks — Is Yours OK?
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    Janet Yellen: Treasury Department is monitoring ‘a few banks’ including SVB
    U.S. Treasury Secretary Janet Yellen says Friday she's tracking Silicon Valley Bank’s problems as it deals with big losses.  ( 23 min )
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    SVB Financial is trying to sell itself: CNBC
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    Oracle is enjoying strong momentum in its cloud business.  ( 24 min )
    SVB Stock Halted Amid Multi-Billion Dollar Collapse, Shaking Bond-Laden US Financial Sector
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    SVB Shares Halted for Pending News After Sinking Another 69%
    (Bloomberg) -- SVB Financial Group shares extended their plunge before being halted in premarket trading for pending news as prominent venture capitalists recommended companies withdraw their money from the lender, sparking further worries over its financial health and liquidity in the wider banking sector.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Compa  ( 47 min )
    Stock Futures Rise on Jobs Data
    Stock futures reversed course and turned upward after the job report, though concerns about the health of the banking sector drove a selloff in global markets.  ( 27 min )
    SVB extends swoons on bank run fears and analyst downgrades as it triggers bank stock losses
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    Apple stock downgraded to sell by analysts at Lightshed
    Apple Inc. stock was downgraded to sell from neutral by Lightshed analysts on Friday, based on a more conservative outlook for iPhone sales and moderating...  ( 23 min )
    SVB’s Meltdown Is Wake-Up Call for Any Stock Bulls Still Left
    (Bloomberg) -- Stock market investors are getting a harsh reminder about the risks posed by banking industry turmoil.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesSVB Races to Prevent Bank Run as Funds Advise Pulling CashIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%US stocks are heading for the w  ( 49 min )
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    Caterpillar Downgraded, Stock Falls. Why Wall Street Has Concerns.
    UBS analyst Steven Fisher bumps the stock to Sell from Hold. He cut his price target to $225 from $230 a share.  ( 23 min )
    Rivian Stock Is More Controversial Than Tesla’s. It Just Got a Thumbs-Up.
    BoA Securities analyst John Murphy reinstated coverage of Rivian shares with a Buy rating, but lowered his target for the EV company's stock price.  ( 23 min )
    12 Stocks Up Big This Year Are Due For A Nasty Fall, Analysts Say
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    'Tragic total loss': This classic mansion was gutted by a fire and then listed on Zillow for $1.5 million — it sold within a week. 3 other signs real estate remains healthy
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    Stock market news today: Stock futures waver ahead of crucial jobs report
    U.S. stock futures were mixed Friday morning ahead of a crucial jobs report that will provide another snapshot of the strength of the economy and provide further clues to the path of the Fed's rate-hiking campaign.  ( 47 min )
    Why Silicon Valley Bank's crisis is rattling America's biggest banks
    The struggles of SVB Financial are spooking investors across the banking world, highlighting the new risks posed by rising interest rates.  ( 49 min )
    DocuSign Stock Is Sinking. Analysts Explain Why.
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    Google over-hired talent to do ‘fake work’ and stop them working for rivals, claims former PayPal boss, Keith Rabois
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    SVB Financial stock slides 42% premarket as fears of a potential run on the bank continue
    SVB Financial Group the parent of Silicon Valley Bank, saw its stock tumble more than 42% in premarket trade Friday, in a continued response to reports late...  ( 23 min )
    ‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.
    Hedge fund giant Bill Ackman has inserted his two cents into the Silicon Valley Bank debacle, suggesting a government bailout in a Twitter thread on Friday.  ( 24 min )
    ‘She made about $15K last year off my money.’ My financial adviser is making money off the $1 million I invested with her — even though I’m losing money. What’s my move?
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    I’ll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise’
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    Oracle Stock Extends Declines. Analysts Say It’s Healthy.
    Shares were down almost 4% in premarket trading after it posted slightly disappointing revenue for last quarter but topped expectations for earnings.  ( 23 min )
    Traders Run for Cover as US Banking Woes Spur Haven Demand
    (Bloomberg) -- Government bonds surged and stocks slid as signs of distress at a California lender spurred broader worries over the US banking sector’s debt holdings.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game  ( 49 min )
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    The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 48 min )
    Jay Powell has another problem now: Morning Brief
    The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 49 min )
    These Stocks Are Moving the Most Today: SVB Financial, Bank Stocks, Oracle, DocuSign, Gap, and More
    SVB Financial extends sharp losses after the bank was forced to sell securities to realign its portfolio in response to higher interest rates, Oracle reports fiscal third-quarter revenue that missed analysts' estimates, and DocuSign swings to a quarterly profit but the stock slides.  ( 24 min )
    Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.
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    Stocks Will Be Stuck on Fed Until a Recession Becomes Evident, BofA Says
    (Bloomberg) -- US stocks hanging on Federal Reserve policy signals are boxed in a “neurotic” trading range that will only break once economic data unambiguously point to a recession, Bank of America Corp. strategists say.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains  ( 47 min )
    Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.
    The entire banking sector is being called into question after SVB Financial Group said a drop in deposits is causing problems.  ( 24 min )
    US Banking System Can Weather SVB Contagion Risk, El-Erian Says
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    Stock markets have plunged in London and across Europe as concerns over the US banking sector hammer financial institutions.  ( 54 min )
    ‘Too big to fail’ is back as Bill Ackman says government should consider a Silicon Valley Bank bailout
    The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."  ( 49 min )
    SVB Races to Avoid Bank Run as Funds Advise Pulling Cash
    Panic spread in tech circles about the financial health of Silicon Valley Bank, a major lender to fledgling companies, as the firm said Thursday it was holding a $2.25 billion share sale after a significant loss on its portfolio. Dani Burger reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en  ( 47 min )
    US Bank Troubles Hammer Stocks, Boost Treasuries: Markets Wrap
    (Bloomberg) -- Global stocks slumped on Friday and Treasuries rallied on concern that pockets of trouble in the US banking sector could portend broader dangers as higher interest rates start to bite.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner  ( 47 min )
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    Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar
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    Johnson & Johnson, Kellogg, and 2 Other Spinoffs to Watch in 2023
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    Dow Jones Futures Fall: S&P 500 Breaks Support As SVB Financial Slams Banks; Jobs Report Due
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    Bill Ackman Says US Should Mull SVB Bailout as Possible Option
    (Bloomberg) -- The US government should consider a “highly dilutive” bailout of SVB Financial Group if a private capital solution can’t be provided, according to Pershing Square founder Bill Ackman.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishBiden to Urg  ( 47 min )
    AI Is Here: Here Are 2 Stocks That Stand to Benefit, According to Analysts
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    One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis
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    ‘Sheer panic’ has gripped Silicon Valley VCs and founders amid worries that the startup industry’s most important bank is in trouble
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    S&P 500 Breaks Critical Support As SVB Financial Crash Slams Bank Stocks; Jobs Report Looms
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    Tom Kingsbury a man with a four-part plan for Kohl's
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  • Open

    US Equities Drop as Bank Worries Rattle Markets
    U.S. stocks finished a down week with additional losses on March 10, with concerns over the fall of Silicon Valley Bank dragging down the markets.  ( 11 min )
    What You Need to Know About the Employment Report
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    Shareholders Side With Apple on Contentious Votes, Analyst Eyes $230 Per Share
    Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )
    Biden Awaits Republican Counter-Proposal On Budget
    President Joe Biden made the first move Thursday in a high-stakes contest over the federal budget. Now, it’s the Republicans’ turn.  ( 12 min )
    The Collapse of Lehman Brothers: A Case Study
    Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.  ( 18 min )
    Pattern Day Trader (PDT): Definition and How It Works
    A pattern day trader (PDT) is a regulatory designation for traders who execute four or more day trades over a five-day period in a margin account.  ( 18 min )
    Bank Failure: Will Your Assets Be Protected?
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    Should You Make a Personal Loan to Family?
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    Silicon Valley Bank Fails, Insured Deposits to Be Protected
    Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 12 min )
    Today's Mortgage Rates & Trends - March 10, 2023: Rates Edge Higher
    Rates on 30-year loans have inched a little higher, adding a few more basis points to rise further above 7%. Most other averages showed little or no gain.  ( 12 min )
    Swingline Loan: Definition, Use in Business, and Example
    A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 12 min )
    How a Self-Directed 401(k) or IRA Works
    Self-directed retirement accounts typically offer a broader range of investment choices than regular 401(k) and IRA plans.  ( 20 min )
    Delisting: What It Means and How It Works for Stock Shares
    Delisting is the removal of a security from a stock exchange.  ( 17 min )
    How a 403(b) Works After Retirement
    How, or if, you should withdraw 403(b) funds depends on a number of factors and options available to you.  ( 17 min )
    Foreign Tax Credit: Definition, How It Works, Who Can Claim It
    U.S. citizens and resident aliens with foreign income can claim the foreign tax credit to offset income taxes paid abroad and limit double taxation.  ( 18 min )
    Traditional vs. Roth vs. SEP IRA: Differences?
    Learn what distinguishes Roth, traditional, and SEP IRAs from one another and which of these retirement accounts might be the best for you.  ( 20 min )
    Tax Rate Definition, Effective Tax Rates, and Tax Brackets
    A tax rate is a percentage at which an individual or corporation is taxed. A progressive tax rate imposes higher payments as income increases.  ( 17 min )
    When Are Personal Loans a Good Idea?
    Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 16 min )
    Almost Half of Small Businesses Struggle to Fill Open Jobs
    Small businesses are grappling with worker shortages amid the tightest labor market in decades. Close to half or 47% of small businesses have job openings they can’t fill, according to the latest monthly jobs report by the National Federation of Independent Business (NFIB).  ( 10 min )
    Labor Force Participation Rate: Purpose, Formula, and Trends
    The labor force participation rate is a measurement of an economy’s active workforce.  ( 24 min )
    Unified Tax Credit: Definition and Limits
    The unified tax provides a set amount you can gift to family and friends during your lifetime and upon death before gift and estate taxes apply.  ( 18 min )
    February Jobs Growth Exceeds Expectations
    U.S. employers added more jobs than economists expected last month, highlighting the labor market’s resilience amid a thawing economy, as the Federal Reserve raises interest rates to cool inflation.  ( 11 min )
    Personal Loan Interest Rates: How a Personal Loan Is Calculated
    Learn how personal loan interest rates work, how rate types differ, and what the average interest rate is on a typical personal loan.  ( 20 min )
    Bonus Issue of Shares Explained: How They Work
    A bonus issue is an offer of free additional shares to existing shareholders.  ( 16 min )
    E*TRADE vs. TD Ameritrade: Which Should You Choose?
    E*TRADE and TD Ameritrade offer comprehensive suites of investment and trading products, but TD Ameritrade has the edge, due to its better options analytics and educational offerings.  ( 21 min )
    5 Things to Know Before Markets Open
    News of the day for March 10, 2023  ( 11 min )
    Updated Roth and Traditional IRA Contribution Limits
    The limit for contributions to traditional and Roth IRAs for 2023 is $6,500, plus $1,000 if the taxpayer is age 50 or older.  ( 23 min )
    408(k) Plan vs. 401(k) Plan: What's the Difference?
    Learn the key differences between the standard 401(k) plan and the 408(k) plan, which is meant for smaller employers.  ( 16 min )
    What Is a Spousal Roth IRA and How Does It Work?
    You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 21 min )
  • Open

    Bitcoinkoers zakt naar laagste punt in bijna twee maanden
    De waarde van de bitcoin is vrijdag gedaald tot ongeveer 19.900 dollar (zo'n 18.600 euro). Het is voor het eerst sinds medio januari dat de grootste cryptomunt minder dan 20.000 dollar waard is. Verwachte renteverhogingen, mogelijke strengere regels en problemen bij cryptobank Silvergate deden de koers van de munt geen goed.  ( 3 min )
    Dit jaar geen extra koopkrachtreparatie voor lage inkomens
    Het kabinet komt dit jaar niet meer met extra maatregelen om de koopkracht te verbeteren. Het blijft bij het "historische" pakket van 12 miljard euro en het energieplafond. Dat zei minister Karien van Gennip (Sociale Zaken en Werkgelegenheid) vrijdag voor het begin van de wekelijkse ministerraad.  ( 4 min )
    NU+ | Windmolens zijn hoofdpijndossier voor provincies én omwonenden
    Vrijwel overal waar windmolens worden geplaatst, protesteren omwonenden. De verantwoordelijke gemeenten en provincies laten inwoners veelvuldig meepraten, maar dat zorgt vaak niet voor extra draagvlak of grote aanpassingen aan de plannen. "Wat je ook doet, de weerstand blijft."  ( 6 min )
    Helft streekvervoer rijdt niet door stakingen, werkgevers en vakbonden in gesprek
    Reizigers ondervinden ook vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers en vakbonden gaan weer in gesprek na een oproep van reizigersorganisatie Rover. Werkgevers riepen eerder op de dag al op tot een adempauze en een tijdelijke stop van de stakingen.  ( 5 min )
    Energie-update: Koud begin maart zorgt voor hoogste gasverbruik sinds januari
    Deze winter geeft NU.nl je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )
    Helft van streekvervoer rijdt niet door stakingen, werkgevers willen adempauze
    Reizigers ondervinden ook op vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers in het streekvervoer roepen vakbonden er ondertussen toe op een adempauze van zes weken in te lassen en weer om de onderhandelingstafel te gaan zitten.  ( 4 min )
    Britse economie groeit licht en kruipt zo uit dal
    De Britse economie is in januari met 0,3 procent gegroeid ten opzichte van een maand eerder. Eind vorig jaar was nog een forse krimp te zien.  ( 3 min )
    NU+ | Twijfels over timer tegen telefoonverslaving: lost het wel wat op?
    Om jongeren bewust te maken van hun schermtijd, voegde TikTok recent een timer aan de app toe. Die waarschuwt als ze een bepaalde tijd hebben doorgebracht in de app. Ook voor andere apps bestaat deze functie. Maar de meldingen kun je makkelijk wegtikken om door te gaan. Experts twijfelen over het nut van zo'n timer.  ( 4 min )
    Steeds meer jongeren willen loodgieter worden
    Steeds meer jongeren in Nederland kiezen voor het loodgietersvak. De opleidingen tot sanitairinstallateur krijgen meer inschrijvingen en daarmee is sprake van een omslag, constateert branchevereniging Techniek Nederland.  ( 4 min )
  • Open

    5 Things to Know Before Markets Open
    News of the day for March 9, 2023  ( 1 min )
    Markets Sink on Interest Rate, Banking Worries
    U.S. stocks dropped on March 9, 2023, with a selloff in the financial sector and concerns that strong jobs data could lead to more interest rate hikes.  ( 1 min )
  • Open

    SVB Financial Group Shares Crater on Stock Sale Announcement
    Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 1 min )

  • Open

    Ziekteverzuim werknemers ligt op hoogste niveau in ruim twintig jaar
    Het ziekteverzuim onder werknemers lag in het vierde kwartaal van 2022 opnieuw hoger dan in dezelfde periode een jaar eerder, zo blijkt vrijdag uit cijfers van statistiekbureau CBS. Vanaf 2016 is dat elk jaar zo geweest.  ( 4 min )
    Minister Weerwind wil staking rechters voorkomen met loonsverhoging
    Het kabinet wil een staking onder rechters en officieren van justitie voorkomen. Daarom biedt minister Franc Weerwind (Rechtsbescherming) extra geld en bemiddeling tegen werkdruk.  ( 3 min )
    Voedselbanken verwachten meer klanten door stijgende armoede volgend jaar
    Voedselbanken denken dat ze meer klanten krijgen als de armoede oploopt, zoals het Centraal Planbureau (CPB) donderdag voorspelde. Ook kringloopwinkels verwachten dat het bij hen drukker wordt.  ( 4 min )
    Belastingdienst maant 103.000 ondernemers met coronaschuld tot terugbetalen
    103.000 ondernemers die achterlopen met het aflossen van coronaschulden bij de Belastingdienst worden met brieven gemaand om het geld terug te betalen of uitstel aan te vragen. In april is voor de fiscus de maat vol.  ( 4 min )
    BMW verdient miljarden meer, terwijl het bedrijf minder auto's verkoopt
    Autoconcern BMW zag vorig jaar de omzet en winst met tientallen miljarden stijgen. Dat terwijl het bedrijf in 2022 juist minder auto's verkocht. De goede verdiensten zijn het gevolg van prijsverhogingen.  ( 3 min )
    Gezondheid boeren op spel door grote cocktail van landbouwgif
    In het bloed van Nederlandse boeren worden verhoudingsgewijs veel bestrijdingsmiddelen aangetroffen en huisstof op boerderijen bevat maar liefst 144 soorten landbouwgif. Europese normen bieden weinig bescherming, omdat die niet kijken naar de totale gezondheidseffecten van gelijktijdige blootstelling aan meerdere middelen. Onderzoekers vrezen voor tal van ziekten, waaronder parkinson, kanker en verminderde vruchtbaarheid.  ( 10 min )
    McDonald's stapt in Frankrijk tijdelijk over op friet van biet, wortel en pastinaak
    McDonald's heeft besloten om de bekende Franse frietjes van aardappels in Frankrijk enkele weken te vervangen door groentefriet die is gemaakt van bietjes, wortels en pastinaak.  ( 3 min )
    Beloning oud-Shell-topman Van Beurden stijgt met helft naar 11 miljoen euro
    Oud-Shell-topman Ben van Beurden krijgt over afgelopen jaar een beloning van 9,7 miljoen pond (bijna 11 miljoen euro). Dat is anderhalf keer zoveel als een jaar eerder. Dat blijkt uit het jaarverslag dat het energieconcern donderdag heeft gepubliceerd.  ( 3 min )
    Verzekeringen bij Achmea worden duurder door stijgende kosten
    Achmea, de grootste verzekeraar van het land, verhoogt de prijzen van sommige verzekeringen. Dat doet het vanwege de hoge inflatie, meldt het bedrijf donderdag bij de presentatie van zijn jaarcijfers.  ( 3 min )
    China fel tegen exportbeperkingen ASML
    China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen. Dat heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld. Het gaat om onder meer technologieën van chipfabrikant ASML.  ( 3 min )
    China fel gekant tegen exportberkingen ASML
    China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )
    Miljoen Nederlanders, onder wie 230.000 kinderen, onder armoedegrens in 2024
    Als de laagste inkomens het in 2024 moeten stellen zonder de tijdelijke toeslagen (zoals die voor energie) belanden veel Nederlanders in de armoede. Volgens een schatting van het Centraal Planbureau (CPB) zitten volgend jaar 995.000 Nederlanders, onder wie veel kinderen, onder de armoedegrens.  ( 6 min )
    China dient protest in tegen Nederlandse beperkingen voor export chipmachines
    China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )
    Alliander kan stijgende vraag naar elektriciteit nauwelijks aan
    Netbeheerder Alliander kan de stijgende vraag naar elektriciteit nauwelijks aan. Het bedrijf heeft dan ook grote moeite om het netwerk in rap tempo uit te breiden nu consumenten en bedrijven meer elektrische auto's, zonnepanelen en warmtepompen hebben aangeschaft.  ( 3 min )
    Ontwikkelingsbank stelt 1,5 miljard euro beschikbaar voor wederopbouw Turkije
    De Europese Bank voor Wederopbouw en Ontwikkeling (EBWO) investeert de komende twee jaar zo'n 1,5 miljard euro in de wederopbouw en het herstel in de Turkse regio's die vorige maand werden getroffen door zware aardbevingen.  ( 3 min )
    Miljoen Nederlanders onder armoedegrens in 2024, onder wie 230.000 kinderen
    Doordat tijdelijk beleid voor lagere inkomens wegvalt, belanden veel Nederlanders volgend jaar in armoede. Volgens ramingen van het Centraal Planbureau (CPB) zitten in 2024 995.000 Nederlanders onder de armoedegrens. Onder hen veel kinderen.  ( 3 min )
    Spanjaard moet ex ruim 204.000 euro betalen voor 25 jaar 'huisvrouwenwerk'
    Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )
  • Open

    Bitcoin tumbles to 8-week low as bank liquidation, regulatory pressures weigh on crypto
    Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 47 min )
    Bitcoin tumbles to 7-week low as bank liquidation, regulatory pressures weigh on crypto
    Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 48 min )
    Peter Thiel’s Founders Fund advises companies to pull money from Silicon Valley Bank: report
    SVB Financial Group fell more than 22% in the extended session Thursday as reports surfaced that several funds are advising clients to pull money from...  ( 23 min )
    4 Strategies to Limit Required Minimum Distributions (RMDs)
    Required minimum distributions (RMDs) are a part of life for 401(k) and IRA account holders once they hit age 73, but there are ways to limit them.  ( 18 min )
    The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears.
    The S&P 500 faces strong resistance up to 4200, writes Lawrence McMillan.  ( 28 min )
    Oracle Earnings Edge Above Estimates While Sales Slightly Miss
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    SVB sinks wiping $61B in market value off bank stocks
    Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.  ( 46 min )
    Silicon Valley Bank shoots self in foot
    It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it had to be rescued by another bank or else risk going down in flames in a single day. If you’re just catching up, here’s what happened: Silicon Valley Bank lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. The plan was to sell $1.25 billion of its common stock to investors, $500 million in convertible preferred shares, and $500 million of its common stock in a separate transaction to the private equity firm General Atlantic.  ( 48 min )
    Investors dump US bank shares amid fears over value of bond portfolios
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Oracle stock drops more than 5% as segments other than cloud services miss on revenue
    Oracle Corp. shares fall in the extended session after the software company's revenue comes in a hair below the Wall Street consensus.  ( 24 min )
    DocuSign Stock Falls on Strong Earnings
    The electronic-signature software company also said its CFO will resign later this year.  ( 23 min )
    Oracle Falls After Failing to Meet Optimistic Cloud Expectations
    (Bloomberg) -- Oracle Corp. reported quarterly sales in line with analysts’ estimates after its cloud business failed to meet expectations for higher growth. The shares declined in extended trading.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishRookie Traders Are Earnin  ( 48 min )
    DocuSign stock falls despite results beating estimates, as CFO exit announced
    DocuSign Inc. shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street...  ( 23 min )
    Bank carnage drags stocks lower as SVB Financial shares plunge
    A brutal day for banks drags down stocks on Thursday.  ( 25 min )
    Oracle Stock Falls on Small Shortfall in Revenue
    Adjusted earnings per share came in at $1.22, above expectations for $1.20.  ( 23 min )
    Why Friday's Jobs Report Won't Save The S&P 500 From Fed Hawks
    No content preview
    SVB Financial CEO Asks Silicon Valley Bank Clients to ‘Stay Calm’ as Shares Sink
    (Bloomberg) -- SVB Financial Group Chief Executive Officer Greg Becker held a conference call on Thursday advising clients of SVB-owned Silicon Valley Bank to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter. Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Rookie Traders Are  ( 47 min )
    U.S. crypto exchanges could face possible class-action lawsuit
    Securities lawyer Tom Grady, known as one of the nation’s leading investment fraud attorneys, is preparing for potential litigation against the nation’s biggest crypto exchanges  ( 49 min )
    10 banks that may face trouble in the wake of the SVB Financial Group debacle
    Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.  ( 26 min )
    Tesla Rival Nissan Has Some Bad News About Its Electric Vehicles
    No content preview
    Dow tumbles over 400 points in final hour of trade as investors await monthly employment report
    U.S. stocks extended losses in the final hour of trade on Thursday, while awaiting Friday's February employment data that could help decide how large an...  ( 26 min )
    Analyst Believes One Tech Stock Could Skyrocket Soon
    No content preview
    Rivian's Target Is Attractive Versus Tesla Backed By Topline Growth Prospects, Robust Demand, Analyst Says; Debt Offering Likely To Fuel Capex
    Mizuho analyst Vijay Rakesh maintains Rivian Automotive Inc (NASDAQ: RIVN) with a Buy and lowers the price target from $37 to $35. RIVN announced a $1.3 billion green convertible senior note offering. Rakesh believes the offering proceeds will likely fuel capex investments at Normal and potentially Georgia while adding ~$60 million - $69 million annual interest expense leading to an estimated ~$0.07 annual negative EPS impact. Rivian noted F24E cash burn to improve by ~40% versus F23E, with an e  ( 47 min )
    Why SVB’s Bad News Clobbered Bank Stocks Like JPMorgan and Wells Fargo
    An enormous loss at the Silicon Valley Bank parent has wreaked havoc across the sector.  ( 24 min )
    Biden's new budget cuts $31 billion in tax breaks for oil companies
    President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies  ( 47 min )
    Stocks Decline After Labor-Market Data
    Stocks started the day higher, then wobbled by midday, after jobless claims showed that the labor market is still strong.  ( 28 min )
    11 Top Growth Stocks Expecting Up To 166% Rise This Year
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    Biden budget proposes closing crypto loophole to raise $24 billion in new revenue
    Biden's budget proposal rolled out Thursday included a new provision that would close a loophole currently available to crypto investors that could raise up to $24 billion in revenue.  ( 47 min )
    GM offers voluntary buyouts to US salaried workers, expects $1.5B charge
    General Motors is laying out its plan to extract $2 billion in cost savings, and it seems reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an opportunity to make a career change or retire earlier. We are offering three packages based on level and service to the company. Employees are strongly encouraged to consider the program,” a GM spokesperson said in a statement sent to Yahoo Finance. “By permanently bringing down structured costs, we can improve vehicle profitability and remain nimble in an increasingly competitive market.”  ( 48 min )
    Apple May Appear Still, but If You Stop Watching, It's Likely to Move
    Here's why investors should be particularly aware of any signs of low volume (and I'm not talking about on those AirPods).  ( 11 min )
    Tesla and Elon Musk Are Having a Bad Month
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    Warren Buffett just added millions more shares of this stock to his portfolio. And it has an 84% return since 2020. Should you invest?
    While Buffett's stock picks may seem appealing, heed another piece of his advice: "I don’t think most people are in a position to pick single stocks."  ( 24 min )
    SVB Financial Group Shares Crater on Stock Sale Announcement
    Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 12 min )
    Silvergate stock falls Thursday after bank announces voluntary 'wind down'
    Silvergate shares fell Thursday after the crypto bank announced that it would be liquidating, raising new doubts about the relationship between traditional banks and the crypto world.  ( 48 min )
    Biden targets crypto, real estate and oil industries, as he unveils his budget
    President Joe Biden formally rolls out his proposed budget for the 2024 fiscal year.  ( 26 min )
    SVB Financial Stock Plummets After Lender Liquidates Portfolio, Cuts Outlook
    Shares of the company, the parent of Silicon Valley Bank, were the worst performer in the S&P 500.  ( 24 min )
    Pactiv Evergreen execs sold over 50K shares before announcing devastating paper mill closure in NC small town
    Executives of Pactiv Evergreen sold over 50,000 shares of company stock days before announcing the closure of a historic Canton, North Carolina, paper mill.  ( 46 min )
    Elon Musk is reportedly building his own town in Texas
    Dubbed “Snailbrook,” the 3,500-acre community will house workers from SpaceX, Tesla and Boring.  ( 47 min )
    As money-market funds rake in cash, analysts see debt-ceiling risks
    Investors seeking safety and yield should look to more broadly diversified money funds, researchers say  ( 26 min )
    Apple stock gets second vote of confidence from analysts this week
    Apple's stock has gotten a second vote of confidence from a Wall Street analyst in the last week.  ( 47 min )
    Nvidia, Broadcom, Mobileye Peer Etches Buy Point With 67% Growth
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    General Motors to Offer Voluntary Buyouts
    The auto maker, which didn’t specify how many employees are eligible, is looking to cut $2 billion in annual fixed costs.  ( 25 min )
    Stock Market Rises On Jobless Claims; Two Bank Stocks Plunge Over 30%
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    Bond Losses Push Silicon Valley Bank Parent to Raise Capital
    SVB Financial Group said it had sold large portions of its securities portfolio and would raise fresh capital, highlighting a broader problem for U.S. lenders who have seen rising interest rates hammer the values of their bondholdings.  ( 26 min )
    A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage
    Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.  ( 47 min )
    Biden’s tax hikes for the rich are unlikely to get passed by Congress. But another date looms: Trump-era tax cuts for the wealthy end in 2025
    Biden's budget proposal will unveil tax hikes on the rich, but experts say the big question is what happens to income taxes once Trump tax cuts expire in 2025  ( 28 min )
    When It's Time to Stop Saving for Retirement
    Successful retirement planning demands lots of saving and smart money management. But once you retire, how do you transition from saver to spender?  ( 20 min )
    Cathie Wood Grabs Another $12.6 Million Piece Of Tesla
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    J.P. Morgan likes these 2 top dividend stocks yielding as high as 13% — they’re attractively valued and provide growth upside to boot
    Spring is coming up , and investors will need to break out the crystal ball when looking at the market conditions. There’s a growing consensus that even though inflation is down from last summer’s peak, it has plateaued at a high level. Watching the situation from banking giant JPMorgan, CEO Jamie Dimon takes the view that we won’t be getting back to the Fed target of 2% any time soon. Furthermore, while Dimon hails an economy that is “doing quite well” with plenty of jobs to go round, he also s  ( 49 min )
    GE Stock Is Flying: Here's Why Its Best Prospect for Growth Is Aerospace
    The question is, am I willing to own GE Vernova in order to also own GE Aerospace?  ( 15 min )
    What Mark Mobius Is Betting Big On As US-China Rivalry Heats Up: 'Number One Category In Our Portfolio'
    Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going to do well as "both the U.S. and China are putting enormous amounts of money in semiconductor research and production," he added. Also Read: ‘Very Bullish’ Mark Mobius Predicts India’s IT Sector To Pl  ( 46 min )
    CORRECTING AND REPLACING: HUB Security Launches a Confidential Computing Cyber Solution for the Insurance Industry
    Partners with Zurich-Based Virtual I Technologies Insurtech Player for Introducing the Solution on a Global Basis  ( 49 min )
    GM stock slips after disclosing ‘voluntary separation program’ resulting in $1.5 billion employee separation charges
    Shares of General Motors Co. slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected...  ( 23 min )
    FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.
    The U.S. Inflation Reduction Act will be a key driver of growth for the company that makes electricity from hydrogen.  ( 23 min )
    Dow Jones Futures Rise On Surprise Jump In Jobless Claims; Bitcoin Drops As Crypto Bank Silvergate Crashes 50%
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    GE Sees Growth in Aerospace Profit Margins After Breakup
    (Bloomberg) -- General Electric Co. expects profit margins at its aviation division to continue to expand over the long term as an independent business, the company said Thursday.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMore Eye-Drop Products Recalled in US for Possible ContaminationMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneGE Aerospace,  ( 46 min )
    EUR/USD Forecast – Euro Sits On the 200-Day EMA
    The euro initially tried to pick up its pace during the early hours on Thursday, but it seems like we are struggling to gain any real traction.  ( 47 min )
    I Want to Buy an Annuity. But What's The Best Age to Get One?
    Annuities are designed to provide you with a consistent stream of income for retirement. If you're interested in adding an annuity to your financial plan, you may be wondering when you should consider purchasing one. The best age to buy … Continue reading → The post What Is the Best Age to Buy an Annuity? appeared first on SmartAsset Blog.  ( 50 min )
    I Overcontributed to My 401(k). What Do I Do Now?
    Did you just find out that you overcontributed your 401(k) plan? If you act quickly, you can minimize the damage. But if you wait, the tax bill and inconveniences will multiply. So if you've overcontributed to your 401(k), the plan … Continue reading → The post What to Do When You Overcontribute to Your 401(k) appeared first on SmartAsset Blog.  ( 48 min )
    The Big Winner From Tesla’s Investor Day Is Lithium. Two Stocks Citi Likes for That.
    Tesla's ambitious goals for EV production means demand for lithium, which go into lithium ion batteries, will accelerate.  ( 24 min )
    GE stock jumps toward near 2-year high after affirming 2023 outlook at investor gathering
    Shares of General Electric Co. rallied 2.6% toward a near two-year high in premarket trading Thursday, after the aerospace, power and renewable energy...  ( 23 min )
    Stock market news today: Stock futures waver ahead of key jobs data
    Stock futures were lower early Thursday ahead of a trading session that falls between the week's two biggest market moving events.  ( 46 min )
    Alibaba Rival JD.com Clocks Over 7% Revenue Growth In Q4; Surpasses RMB 1T In Annual Revenue
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    China's JD.com Beats Fourth-Quarter Sales, Earnings Targets
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    Intel’s Troubles Run So Deep Even Bulls Are Wary
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    These Stocks Are Moving the Most Today: Asana, MongoDB, Silvergate, JD.com, GE, and More
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    Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — here are 3 real assets that remain scarce and coveted
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    Credit Suisse Stock Plunges. Annual Report Delayed After Call From the SEC.
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    Asana Stock Is Rising. KeyBanc Sees 50% Upside in Bull Case.
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    Credit Suisse Delays Annual Report After Late SEC Query
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    Apple Supplier’s Vietnam Chief Exits After Outlining China Shift
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    Crypto Bank Silvergate Goes Out of Business
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    Dow Jones Futures Fall: Market Rally Stuck At Key Levels; Tesla Extends Slide
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    Silvergate Contrarian Bet Soured for Peter Thiel-Backed Block.one, Bill Miller
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    Asana Shares Soar as Founder Plans Huge Stock Purchase
    CEO Dustin Moskovitz announced plans to buy up to 30 million Asana shares, with nearly $700 million.  ( 23 min )
  • Open

    Budgeting for the 4 Financial Phases of Retirement
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    How to Get Out of Debt in 8 Steps
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    4 Strategies to Limit Required Minimum Distributions (RMDs)
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    Markets Sink on Interest Rate, Banking Worries
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    How Personal Loans Affect Your Credit Score
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    Apple Annual Shareholder Meeting: What to What to Watch
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    Biden Budget Calls For New Benefits For Families, Funded By Taxes On The Wealthy
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    Stretch Loan Definition
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    Fed Vice Chairman Offers Olive Branch to Crypto
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    Top Consumer Staples Stocks for March 2023
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    The Ultimate Guide to Financial Literacy
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    SVB Financial Group Shares Crater on Stock Sale Announcement
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    Today's Mortgage Rates & Trends - March 9, 2023: Rates Rise
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    Six Types of Car Insurance Coverage
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    How to Go From Unbanked or Underbanked to Banked
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    Tax Shield: Definition, Formula for Calculation, and Example
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    10 Questions That Kids Ask About Money
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    What the CFPB Calls a Junk Fee and What to Do About Them
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    Silvergate Stock Crashes After Closing Crypto Bank
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    The Complete Guide to Checking Accounts
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    Top Utilities Stocks for March 2023
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    How to Pay for a Funeral
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    Warren Buffett’s March Madness Bracket Challenge: What Are the Odds?
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    When It's Time to Stop Saving for Retirement
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    5 Things to Know Before Markets Open
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    What Is a Tax Lien Certificate? How They're Sold in Investing
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  • Open

    5 Things to Know Before Markets Open
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  • Open

    Salesforce Joins AI Push
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    Brown-Forman Profit Sinks
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    Tesla Shares Fall on Safety Probes, Downgrade
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    CrowdStrike Shares Rise On Earnings Beat
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    Warren Buffett Adds More Occidental Petroleum
    Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 1 min )

  • Open

    Silicon Valley Bank launches $2.25bn share sale to shore up capital base
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    Datadog’s software goes down — and so does its stock
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    ‘There’s a Clear Path to Sustainable Energy,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
    While Tesla’s recent Investor Day might have lacked the punch some investors were hoping for, CEO Elon Musk did double down on the need for a sustainable energy economy and stressed that it doesn’t have to come at the expense of other necessities. “There is a clear path to a sustainable-energy Earth,” Musk said. “It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything.” “In fact,” Musk went on to add, “you coul  ( 49 min )
    Silvergate Capital will liquidate after crypto collapse wipes out bank
    Silvergate said late Wednesday it would wind down operations after a run on the bank caused by crypto outflows led to mounting losses for the firm.  ( 48 min )
    Silvergate Bank Is Winding Down Operations in Blow to Crypto Industry
    The company said its liquidation plan includes the full repayment of all deposits and that most deposit-related services will remain available during its wind-down.  ( 23 min )
    MongoDB stock drops as revenue outlook falls short
    MongoDB Inc. shares dropped in the extended session Wednesday after the database company’s revenue outlook overshadowed better-than-expected results. MongoDB...  ( 23 min )
    Uber stock rises after Freight spinoff report
    Uber Technologies Inc. shares rose in extended trading Wednesday, up about 3%, after a report that the company is considering spinning off its struggling...  ( 22 min )
    Asana says path to profitability is improving, forecasts narrower-than-expected losses
    Asana Inc. on Wednesday reported and forecast narrower-than-expected losses, saying the figures reflected a firmer path to profitability.  ( 24 min )
    Silvergate Short Bets Amass $780 Million Payday as Crypto Bank Sinks
    (Bloomberg) -- Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Deepest Bond Yield Inversion Since Volcker Suggests Hard LandingGlobal Investors Contemplate Fallout From US Rates Reaching 6%Shares have plunged roughly 98% from a November 2021 p  ( 46 min )
    Tesla Stock Is Down. Steering Wheels Are Not the Reason.
    Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )
    Warren Buffett Adds More Occidental Petroleum
    Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 12 min )
    Best Oversold Dividend Stocks for March 2023
    Many stocks are under pressure recently.  ( 47 min )
    Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate
    BlackRock Inc., the world's largest asset manager, is putting a 6% level for U.S. interest rates on the map --- a view that is only gaining more traction.  ( 26 min )
    Top Healthcare Stocks for March 2023
    Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 15 min )
    Top Agriculture Stocks for March 2023
    Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )
    Bed Bath & Beyond Reveals Receipt Of Additional Proceeds From Equity Offering
    Bed Bath & Beyond Inc (NASDAQ: BBBY) has received approximately $135 million in gross proceeds, for a cumulative total of $360 million through Mar. 7, 2023, upon exercise of preferred stock warrants issued in its previously announced public equity offering. On Feb. 7, 2023, the company completed an underwritten public offering that raised initial gross proceeds of $225 million, enabling the company to receive up to an additional $800 million. The company has used proceeds received to date to rep  ( 46 min )
    Fed may stutter-step at end of interest rate hiking cycle for first time since 1990. What it means for financial markets.
    U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Powell said...  ( 24 min )
    Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth Conversion
    A Roth conversion is one of the many tools in the financial toolbox to reduce taxes in retirement and maximize income. But not all retirees or those planning their retirement consider converting their savings into Roth assets, mainly because it … Continue reading → The post Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth Conversion appeared first on SmartAsset Blog.  ( 49 min )
    Build A Basket Of High-Yielding Yet Safe REITs
    Income investors are always on the hunt for higher-dividend yields, but too often stocks with high-dividend yields can be yield traps that are at risk of being cut. But higher yields do not always make a stock risky. Sometimes yields rise because a sector is out of favor because of economic conditions. That’s been the case since May 2022 with real estate investment trusts (REITs), as inflation and interest rate hikes have decimated the share prices of many REITs from what they were in 2021. Here  ( 47 min )
    JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source
    U.S. banking giant JPMorgan (JPM) is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Back in early 2020, JPMorgan took on Gemini and U.S.-listed exchange Coinbase as customers, the Wall Street Journal reported. Coinbase's banking relationship with JPMorgan remains intact, a spokesperson for the San Francisco-based exchange confirmed.  ( 46 min )
    ‘It really shouldn’t be this way’: Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
    Fed's Jerome Powell hinted in February that inflation hikes would slow because disinflation was underway. But on Tuesday, he seemed to backtrack.  ( 48 min )
    Bond traders haven’t been this scared of a recession since 1981
    It’s time to brush up on yield curve inversions (again). They’ve predicted every recession since 1955.  ( 48 min )
    Morgan Stanley, Charles Schwab, and the $750 Million Recruiting Move That Went Off the Rails
    Four years after two advisors’ recruiting move went haywire, a Finra arbitration panel ordered Morgan Stanley to pay damages to the advisors and rival Charles Schwab.  ( 23 min )
    Forget The Fed: Stocks Will Slump Even If Jerome Powell Slays Inflation Beast
    No content preview
    This cash-cow stock strategy is attracting lots of money. Here are its top 10 picks.
    The Pacer U.S. Cash Cows ETF has been a strong performer since the bull market for stocks ended.  ( 27 min )
    Tesla’s stock at its lowest in a month after Elon Musk makes news for the wrong reasons
    Tesla Inc.'s stock on Wednesday extended its losses to a third session after Chief Executive Elon Musk's criticism of a laid-off Twitter employee went viral.  ( 24 min )
    Biden budget aims to cut deficits nearly $3T over 10 years
    President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint. The White House has consistently called into question Republicans' commitment to what it considers a sustainable federal budget.  ( 49 min )
    Tesla Stock Is Down. Steering Wheels Are Not the Reason.
    Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )
    Startup by Ex-Apple Executives Raises $100 Million, Partners With OpenAI, Microsoft
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    Apple Stock Gets Price-Target Hike On Stable iPhone Demand
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    Powell Says ‘No Decision’ Has Been Made on Speeding Up Pace of Rate Hikes
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    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Key recession indicator sends investors sharpest warning in 42 years
    The Treasury yield curve is sending the market a stark warning about recession risks with the difference between 2-year and 10-year Treasury yields reaching the widest since 1981 on Tuesday.  ( 48 min )
    Warren Buffett Buys More of His Favorite 'Boring' Stock
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    Apple’s stock rises after one of Wall Street’s biggest bulls gets a little more bullish
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    Wall Street’s most successful hedge fund just politely told Fed chair Jay Powell to shut up
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    Companies like Meta and Google are doing away with employee perks as they slash tens of thousands of jobs
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    As Tesla Stock Retreats After Strong Run, Analyst Downgrades EV Giant
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    Stock market will crash in 60 days, best-selling author on Lehman collapse warns
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    United Natural Foods Stock Plunges After Slashing Profit Guidance
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    Bed Bath & Beyond’s Public Equity Proceeds Jump to $360 Million
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    Elon Musk and Twitter Are Back in the Headlines. Tesla Stock Is Falling Again.
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    Qualcomm stock bounces after dividend raised, boosting yield to nearly 2.7%
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    CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock
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    My Company Forced Me to Retire. What Should I Do?
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    Is $5 Million Enough to Retire at 60?
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    Close to retirement and worried about your nest egg? Another Fed rate hike is expected later this month while economic fears persist — but here's why soon-to-be retirees shouldn't panic
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    GE Cuts Down Its Stake In Aircraft Lessor AerCap
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    Dow Jones Futures Rise After Jobs Data; Powell Comments Next; Tesla Drops On Steering Wheel Investigation
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    Warren Buffet’s Berkshire Hathaway Keeps Buys Even More of This Oil Company’s Stock
    Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )
    AMC asks NYSE and FINRA to ‘look closely’ at the trading of its stock
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    Odeon downgrades Bank of America on outlook for weaker consumer spending
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    Analyst downgrades Tesla stock after 50% pop
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    9 Stocks With Upside Already Pay Treasury-Topping 4% Yields
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    ‘Berkshire Hathaway high on Coke’: Warren Buffett earned $704M in dividends from Coca-Cola in 2022 — sparking a reaction from Elon Musk. Here are 3 more income stocks in the portfolio
    Even the world’s richest man is impressed.  ( 48 min )
    Occidental Petroleum’s stock rises after Buffett boosts stake, CrowdStrike after earnings beat
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    Warren Buffet’s Berkshire Keeps Buying This Oil Company’s Stock
    Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )
    Bed Bath & Beyond says it now has about $360 million in proceeds from Feb. equity offering called ‘most unusual’ by one analyst
    Bed Bath & Beyond Inc. said Wednesday it has received about $135 million in gross proceeds from the exercise of preferred stock warrants that were issued as...  ( 23 min )
    Stock market news today: Stock futures edge higher ahead of more Powell testimony
    U.S. futures edged higher ahead of the open as Wall Street awaits for Powell to testify before the House Financial Services Committee Wednesday morning.  ( 48 min )
    United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlook
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    Fed says interest rates poised to go ‘higher than previously anticipated.’ Here’s a simple way to profit from that
    Jerome Powell called for even higher rates in his Senate Banking Committee testimony Tuesday; that could mean even better rates for savers.  ( 25 min )
    Dow Jones Futures Rise After 'Faster' Fed Chief Powell Hits Stocks; Tesla Falls Below Key Level
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    Diversey stock rallies on private equity-backed buyout by Solenis
    Diversey Holdings Ltd. stock is rallying by 37% in premarket action on Wednesday after the Bain Capital-backed chemical company agreed to a $4.6 billion...  ( 22 min )
    How Japanese electric car makers took wrong turns while China plotted to rule the roads
    When they were asked to jump-start the UK’s ailing car industry in the 1980s, Japanese car makers helped turn an industry marred by strikes and unpopular vehicles back into an export market for the UK, bringing faster and more efficient car building methods.  ( 49 min )
    US Mortgage Rates Increase for a Fourth-Straight Week
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    When in Rome: Millennials are opting to ‘maximize their 20s’ while minimizing their savings — but could it leave them living a Spartan life in their later years?
    You may only live once — but make sure you stay on top of your financial planning too.  ( 49 min )
    Powell’s rate view came as no surprise to this Treasury dealer. Here’s what it says is next for stocks and bonds.
    BNP Paribas is predicting more pain in store for both stocks and bonds.  ( 26 min )
    This Recession Signal Is Flashing Red. Why Stock Traders Aren’t Panicking.
    Biden’s high-earners tax plan, Buffett’s Berkshire buys more Occidental Petroleum stock, and other news to start your day.  ( 23 min )
    China’s Auto Sales Fall Sharply After Lifting of Pandemic Curbs
    China’s passenger car retail sales shrank almost 20% in the first two months of this year.  ( 26 min )
    We are in our 50s, living in California, and have $2 million in retirement savings. We want someone to tell us whether we can feasibly retire — what’s our best bet there?
    Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )
    Elon Musk apologizes to disabled ex-Twitter employee who was voted Iceland’s person of the year in 2022
    Haraldur "Hallie" Thorleifsson, from Reykjavík, Iceland, appealed to Musk over the weekend to determine his employment status.  ( 25 min )
    Stocks Steady, Elon Musk Probe, Boeing Japan Deal, Adidas Dividend Cut, Warren Buffett Bet - Five Things To Know
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    'We saved probably close to $100K': Affluent Americans are snatching up prime real estate in other parts of the world — just as the US housing market slumps. Here's how to do it too
    Is a 'golden visa' your golden ticket?  ( 49 min )
    ‘I’m not at rock bottom yet’: I have a serious gambling addiction. I’ve maxed out my credit cards and racked up $100K in debt. Can you help?
    ‘We, as a family, tend to live beyond our means, but I amplify that with my secret addiction.’  ( 27 min )
    68% of Americans couldn’t cover their living expenses for even a month if they lost their job, survey finds. The good news? Now is the best time in years to fix that.
    Saving money now is more lucrative than it has been in about 15 years, with some accounts paying 4% or more.  ( 28 min )
    These Stocks Are Moving the Most Today: CrowdStrike, Stitch Fix, Tesla, Occidental, SoundHound, and More
    CrowdStrike issues an outlook for its fiscal first quarter and year that tops analysts' estimates, fiscal second-quarter revenue at Stitch Fix falls from a year earlier, and Warren Buffett's Berkshire Hathaway buys more shares of Occidental Petroleum.  ( 24 min )
    U.S. Shale Boom Shows Signs of Peaking as Big Oil Wells Disappear
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    Traders Burned by Stock Losses Are Pouring Billions Into Credit
    (Bloomberg) -- As stock markets take another pummeling, more traders are hiding out in credit markets.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic’ InflationThey’re finding refuge in top-quality bonds, esp  ( 48 min )
    CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says
    CrowdStrike beat earnings and outlook expectations in the fourth quarter, sending the stock higher early Wednesday.  ( 24 min )
    U.S. stock futures unable to rebound from latest sell-off as more Powell talk looms
    U.S. stock futures were struggling to recover from the latest sell-off as worries about a more hawkish Federal Reserve continued to push up bond yields.  ( 25 min )
    China Bears Brunt of Asia Tech Selloff After Hawkish Powell Talk
    (Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic  ( 47 min )
    Stocks Reel From Recession, Fed Rate Bets: Markets Wrap
    (Bloomberg) -- Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears that the world’s largest economy will not be able to dodge a recession.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededCitadel’s Grif  ( 48 min )
    Russian Oil Gets More Pricey as Pool of Asian Buyers Expands
    (Bloomberg) -- The price of Russian crude and fuel is rising for buyers in Asia as a pool of bigger customers from China and India expands, putting pressure on smaller refiners that have eagerly consumed the cheap oil.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededXi’s Frustration at Biden Grows With Warning of ConflictCitad  ( 48 min )
    An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.
    The offshore oil-and-gas industry has $214 billion of new project investments lined up in the next two years, according to Rystad Energy.  ( 25 min )
    Buffett's Berkshire stocks up on more Occidental Petroleum shares
    Warren Buffett's Berkshire Hathaway now owns 200.2 million shares in Occidental Petroleum following the latest $355 million investment.  ( 46 min )
    10 Most Profitable Companies in the World
    With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )
    Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum
    Berkshire bought about 5.8 million shares of Occidental in a batch of sales Friday, Monday and Tuesday, according to a Tuesday filing with the Securities and...  ( 23 min )
    China Bears Brunt of Asia Tech Selloff After Hawkish Powell Talk
    (Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catastrophe With Moves to ‘Contain’ B  ( 48 min )
    Sea Founder Reaps $915 Million One-Day Gain With Surprise Profit
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    Berkshire Buys More Occidental
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    Global Investors Contemplate Fallout From US Rates Reaching 6%
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    High Rates’ Pain Is Others’ Gain: Here Are 2 Stocks That Could Benefit From the Fed’s Tightening Policy
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    Kazakhstan Wants Its Oil to Circumvent Russia: CERAWeek Update
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  • Open

    Achterstand van vrouwen wordt komende jaren sneller weggewerkt
    De achtergestelde positie van vrouwen ten opzichte van mannen in Nederland verdwijnt de komende jaren sneller dan tot nu toe het geval was. Dat voorspelt de leider van de Nederlandse inbreng in een wereldwijd onderzoek naar ongelijkheid tussen mannen en vrouwen. Hij krijgt bijval van het Sociaal en Cultureel Planbureau (SCP) en experts.  ( 9 min )
    Spaanse man moet ex ruim 204.000 euro betalen voor 25 jaar 'huisvrouwwerk'
    Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )
    Waterschappen heffen dit jaar ruim 3,5 miljard euro belasting
    De waterschappen verwachten dit jaar meer dan 3,5 miljard euro belasting te heffen. Dat is 260 miljoen euro meer dan is begroot voor 2022. Huishoudens, boeren, natuurbeheerders en bedrijven in het gebied van het waterschap betalen deze heffingen.  ( 3 min )
    Video | Geen export ASML naar China meer, wat maakt het bedrijf eigenlijk?
    Het kabinet gaat de export van chiptechnologie naar China beperken. Daarbij kijkt het vooral naar de Nederlandse chipmachinefabrikant ASML. Wat maakt dit bedrijf eigenlijk?  ( 3 min )
    Kabinet gaat export van chipmachines naar China verder beperken
    Het kabinet legt de export van Nederlandse chipmachines naar China verder aan banden. Dat zegt minister Liesje Schreinemacher (Buitenlandse Handel) woensdag tegen De Telegraaf. In een Kamerbrief over nieuwe exportrestricties voor de chipindustrie schrijft de minister dat die nodig zijn voor de "internationale veiligheid".  ( 4 min )
    Energiebedrijven mogen huishoudens ook na april minder snel afsluiten
    Energiebedrijven moeten ook na 1 april aan strengere voorwaarden voldoen voordat zij klanten met betalingsproblemen mogen afsluiten. Het kabinet had de regels eind vorig jaar tijdelijk veranderd om kwetsbare huishoudens de winter met hoge gasprijzen door te helpen.  ( 3 min )
    Na Tesla valt ook Volkswagen voor Amerikaanse miljarden
    Volkswagen wil versneld een grote batterijfabriek in de Verenigde Staten bouwen in plaats van een soortgelijke fabriek in Oost-Europa. Dat meldt de Britse zakenkrant Financial Times op basis van ingewijden. De Duitse autobouwer kan in de VS profiteren van veel subsidies. Onlangs besloot Tesla ook al investeringen te verschuiven van Duitsland naar de VS.  ( 3 min )
    Meer dan twee miljoen Nederlanders hebben inmiddels belastingaangifte gedaan
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    Europese economie groeide toch niet in laatste maanden van 2022
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    De vierdaagse werkweek is al gemeengoed in Nederland
    De vierdaagse werkweek is bezig aan een opmars in ons land. Steeds meer mensen maken met hun werkgever de afspraak om een of twee dagen minder te werken. Het is niet voor niets dat het aantal deeltijders inmiddels is toegenomen tot ruim 4,6 miljoen. Bovendien werken we gemiddeld 32,2 uur per week en dat is minder dan in de rest van Europa.  ( 5 min )
    Gasunie: 'Belang in Nord Stream-pijplijn is waardeloos geworden'
    Gasunie heeft ruim 200 miljoen euro afgeboekt op haar belang in de gaspijplijn Nord Stream. De leiding is in september gesaboteerd en wordt waarschijnlijk niet meer in gebruik genomen. Verder maakte de gastransporteur bekend dat topman Han Fennema in september terugtreedt.  ( 4 min )
    Elon Musk door het stof na beledigen invalide medewerker
    Elon Musk heeft op Twitter excuses aangeboden voor het beledigen van een ontslagen medewerker. De miljardair zei eerder dat Haraldur Thorleifsson, die aan spierdystrofie lijdt, zijn aandoening gebruikt om niet te hoeven werken.  ( 3 min )
    Zorgmedewerkers met postcovidsyndroom krijgen geen voorschot
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    Elon Musk verwacht dat geldzorgen bij Twitter voor de zomer zijn opgelost
    Twitter verdient mogelijk voor de zomer al meer geld dan het socialemediabedrijf uitgeeft. Volgens eigenaar Elon Musk balanceerde het bedrijf de afgelopen tijd op de rand van de afgrond. De miljardair zegt een faillissement te hebben voorkomen door duizenden werknemers te ontslaan en flink in andere kosten te snijden.  ( 3 min )
    Op de fiets naar het werk steeds populairder vanwege gemak en gezondheid
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    Consumenten geven vooral meer uit aan horeca en voetbalwedstrijden
    Huishoudens hebben in januari ruim 6 procent meer besteed dan in dezelfde maand vorig jaar. We hebben vooral meer uitgegeven in de horeca, maar ook vaker bioscopen, theaters en musea bezocht. Verder kochten we meer kleding, textiel, schoenen en elektrische apparaten, zo blijkt woensdag uit cijfers van statistiekbureau CBS.  ( 3 min )
  • Open

    What You Should Know About Debt Relief
    Expert Erica Sandberg explains how to escape a cycle of debt with several strategies. Learn about key tips for reducing and staying out of high debt.  ( 18 min )
    Brown-Forman Profit Sinks
    Shares of alcoholic beverage maker Brown-Forman (BF.B) dropped after the company reported a decline in profits, citing higher costs.  ( 10 min )
    Tesla Shares Fall on Safety Probes, Downgrade
    Shares of Tesla (TSLA) slipped on news of a safety investigation into the steering wheels on its Model Y SUVs and an analyst downgrade.  ( 11 min )
    Variable-Rate Certificate of Deposit (CD)
    A variable-rate certificate of deposit is an investment product with relatively low risk, but its interest rate can fluctuate, unlike most standard CD, which have fixed rates.  ( 17 min )
    Markets End Mixed on Jobs Data and Powell's Comments
    U.S. stock markets were mixed on March 8, 2023, as Fed Chair Jerome Powell concluded his testimony before Congress and markets digested new jobs data.  ( 11 min )
    What Happens to My 401(k) Plan When It’s Frozen?
    If your employer freezes your 401(k) plan, you can no longer contribute to your account or make withdrawals, but the money still belongs to you.  ( 16 min )
    U.S. Electricity Prices Expected to Drop
    After rising natural gas prices shoved power generation costs higher last year, wholesale prices should drop considerably this year, government agency says  ( 12 min )
    Top Growth Stocks for March 2023
    The top growth stocks this month include GlobalFoundries, Aptiv, and Ardagh Metal Packaging, which are leading peers in earnings growth.  ( 18 min )
    If an Employee Is Paid by Commission, Who Is Responsible for Withholding Taxes?
    If an individual is considered an employee, then the employer is responsible for taxes. If they are considered an independent contractor, they must report themself.  ( 14 min )
    Today's Mortgage Rates & Trends - March 8, 2023: Rates Inch Up
    After dipping for two days, 30-year mortgage rates have reclaimed some ground with a small increase.  ( 12 min )
    Roth IRA Conversion: Definition, Methods, and Example
    A Roth IRA conversion is a way to move money from a traditional, SEP, or SIMPLE IRA, or a defined-contribution plan like a 401(k), into a Roth IRA.  ( 17 min )
    Private Foundations vs. Public Charities: What’s the Difference?
    Here’s a look at the differences between private foundations and public charities, both of which are types of charitable organizations.  ( 18 min )
    Warren Buffett Adds More Occidental Petroleum
    Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 11 min )
    Can Personal Loans Be Transferred to Another Person?
    Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 16 min )
    What Are Itemized Tax Deductions? Definition and Impact on Taxes
    Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.  ( 17 min )
    Excise Tax: What It Is and How It Works, With Examples
    An excise tax is an indirect tax charged by the government on the sale of a particular good or service.  ( 20 min )
    Roth IRA: What It Is and How to Open One
    A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.  ( 31 min )
    Top Healthcare Stocks for March 2023
    Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 14 min )
    Top Agriculture Stocks for March 2023
    Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )
    Despite Dip, Job Openings Stayed Plentiful in January
    If you’re looking for a job, there are still plenty of them to be had. Despite an uptick in layoffs, there were still 1.9 open positions per unemployed worker in January.  ( 11 min )
    Getting Kids Their First Credit Card
    A credit card can help a child learn healthy money habits, but there are also some risks to consider. Learn about the pros and cons of giving a child a credit card.  ( 19 min )
    Is Social Security Taxable?
    Your Social Security is taxable if you meet specific income levels. Here are three strategies that can reduce the taxes if you're required to pay.  ( 23 min )
    Household Formation is Outpacing Single-Family Home Construction
    High mortgage rates hurt affordability and dampen demand, along with builders' confidence  ( 12 min )
    Private Sector Payrolls Rose More Than Expected in February
    Payroll provider ADP’s National Employment Report showed private sector employment increased by 242,000 last month, more than economists’ forecasts and above January’s upwardly-revised gain of 119,000.  ( 12 min )
    How Retirement Account Withdrawals Affect Your Tax Bracket
    Find out how and when withdrawals from your traditional or Roth IRAs and 401(k)s affect your tax bracket and how to keep your tax rate low.  ( 21 min )
    Managing Your Money After You Retire
    Even if you planned carefully for your retirement years, you'll still need to manage your income, investments, and expenses in the years ahead.  ( 20 min )
    Car Title Loan Requirements
    Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.  ( 15 min )
    Fixed Amortization Method Definition
    The fixed amortization method spreads retirees’ account balances over their respective remaining life expectancies, as estimated by IRS tables.  ( 15 min )
    All About Schedule A (Form 1040 or 1040-SR): Itemized Deductions
    Schedule A (Form 1040 or 1040-SR) is an IRS form for U.S. taxpayers who choose to itemize their tax-deductible expenses rather than take the standard deduction.  ( 15 min )
    CrowdStrike Shares Rise On Earnings Beat
    Shares of cybersecurity company CrowdStrike (CRWD) are rising 5% in early trading Wednesday after the company posted earnings that topped analyst estimates and offered an optimistic revenue outlook.  ( 10 min )
    Life Expectancy Method Definition
    The life expectancy method calculates IRA payments by dividing the balance of a retirement account by the policyholder’s anticipated length of life.  ( 15 min )
    5 Things to Know Before Markets Open
    News of the day for March 8, 2023  ( 10 min )
    How Much Can You Contribute to Your IRA in 2023?
    IRAs have certain tax advantages that allow you to bolster your nest egg, but annual limits exist on how much you can contribute.  ( 21 min )
    Pros and Cons of Debt Management Plans
    If you’re overwhelmed with debt, a debt management plan through a nonprofit credit counseling agency can help you pay it off. Learn how these plans work.  ( 16 min )
    Form 1040 V: Payment Voucher: Definition and IRS Filing Rules
    Form 1040-V: Payment Voucher is a payment voucher that you send to the IRS along with your tax return if you make a payment with a check or money order.  ( 17 min )
    Roth IRA Withdrawal Rules
    You can take money out of a Roth IRA, but learn when and how to do so to avoid any taxes and penalties. Read on to learn about Roth IRA withdrawal rules.  ( 25 min )
    Donations: 5 Ways To Maximize Your Tax Deduction
    Donating to charity is a great way to show your giving spirit and save money on your taxes at the same time.  ( 16 min )
    Biden’s Budget Proposal: Five Things To Expect
    President Joe Biden is set to release his proposed budget on Thursday. Here are five things to expect.  ( 11 min )
    What Female Financial Planners Have to Say about Equity in Their Industry
    For International Women’s Day, Investopedia asked female financial advisors what representation means to them and how the industry can improve.  ( 12 min )
    Tax-Deductible Interest: Definition and Types That Qualify
    Tax-deductible interest is a borrowing expense that taxpayers can claim on federal and state tax returns to reduce their taxable income and save money.  ( 18 min )
    10 Most Profitable Companies in the World
    With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )
    Refundable AMT Credit for Employee Stock Option Taxes
    These refundable AMT credits helped taxpayers save on taxes, AMT bills and more – but expired in 2012.  ( 16 min )
    How to Report Your Interest Income
    Find out how your accounts are taxed and learn which forms you use to report your interest income.  ( 19 min )
    Can Certificates of Deposit (CDs) Lose Money?
    CDs are FDIC-insured, so they do not lose money. However, broker-issued CD accounts do carry risks.  ( 18 min )

  • Open

    Silvergate's Collapse May Spell Regulatory Trouble for Crypto
    Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.  ( 53 min )
    CrowdStrike stock rallies as forecast shows confidence in new approach
    CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company's earnings beat.  ( 25 min )
    Troika Media reports earnings, stock sinks after sharp gain Monday
    Shares of branding and marketing company Troika Media Group Inc. fell 51% after hours to 28 cents, following a 27% decline in the regular session after it...  ( 23 min )
    Stocks moving in after-hours: Stitch Fix, CrowdStrike
    Stocks moving in after hours: Stitch Fix, CrowdStrike  ( 46 min )
    Billionaire Charlie Munger's Investment Advice Could Make Gen Z Rich — With A Little Patience
    Charlie Munger is the billionaire extraordinaire who wears many hats, including being the director of Daily Journal Corp. and the longtime vice chairman of the legendary Warren Buffett's holding firm Berkshire Hathaway Inc. His decades-long experience in investing and finance makes him a force to be reckoned with. Munger has some advice for young investors who are looking to make their mark in the world of finance. He's warning the latest batch of college grads that getting rich and staying that  ( 47 min )
    Deepest Bond Yield Inversion Since Volcker Suggests Hard Landing
    (Bloomberg) -- The bond market is doubling down on the prospect of a US recession after Federal Reserve Chair Jerome Powell warned of a return to bigger interest-rate hikes to cool inflation and the economy. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns  ( 48 min )
    Peak-Oil Fears Cast Shadow Over US Supply Outlook as Costs Climb
    (Bloomberg) -- The specter of peak oil that haunted global energy markets during the first decade of the 21st century is once again rearing its head. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catastrophe With Moves to ‘Contain’ BeijingMajor  ( 48 min )
    Dow Jones Tumbles Over 500 Points On 'Faster' Fed Chief Powell; Tesla Falls Below Key Level
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    Tesla Peer Energy Vault Has Great Quarter, Terrible Outlook
    Utility-scale energy-storage-product provider Energy Vault expects to generate about $375 million in 2023 sales—far below what analysts had expected.  ( 23 min )
    These stocks fared the worst as Powell pushed the market down Tuesday
    Bank stocks were hit hard, as investors braced for a longer cycle of interest rate increases. Electric vehicle makers also stumbled.  ( 27 min )
    Biden Wants to Close Tax Loopholes and Raise Taxes on Rich People to Protect Medicare
    When he was running for president, Joe Biden was very clear that he was not Bernie Sanders - he wasn't a socialist, and he didn't believe the American economy and political system did not need to be completely torn down. … Continue reading → The post Biden Wants to Close Tax Loopholes and Raise Taxes on Rich People to Protect Medicare appeared first on SmartAsset Blog.  ( 48 min )
    Three Dividend Stocks to Consider Now: Morningstar
    No content preview
    Dow Jones Closes Down 575 Points As Powell Makes This Pledge; Tesla Falters, Rivian Craters
    No content preview
    Summers, Blanchard Spar Over Long-Run Level of Interest Rates
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers took the over while ex-International Monetary Fund chief economist Olivier Blanchard took the under in a good-natured debate on Tuesday about the level of interest rates over the long haul.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededXi’s Frustration at Biden Grows  ( 48 min )
    CrowdStrike Earnings Top Estimates, Revenue Outlook Well Above Views
    No content preview
    After weathering pandemic storm, cruise-line stocks offer upside, says Stifel
    It’s ‘like old times again’ for cruise operators, analyst says.  ( 24 min )
    Top Tech Penny Stocks for March 2023
    The top tech penny stocks by 12-month total returns are ride-hailing company DiDi Global, enterprise software support provider Remini Street, and data management solutions provider AvePoint Inc.  ( 18 min )
    How Much Are Taxes on an IRA Withdrawal?
    How much tax you owe on an IRA withdrawal depends on your age, the type of IRA, and other factors. Use them to decide which type(s) of IRA to fund.  ( 18 min )
    Top Copper Stocks for March 2023
    Lundin Mining, Southern Copper, and Ero Copper lead the pack for value, growth, and performance, respectively.  ( 15 min )
    GM and Ford May Be Wishing Tesla Succeeds. Here’s Why.
    Tesla is a disruptive force upending the traditional car business. That isn't all bad for existing industry players.  ( 23 min )
    Rivian Stuns Investors With Very Bad News
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    Cash Cows ETF Is a Rare Breakout Star
    The fund’s rapid ascent puts it in rarified air.  ( 49 min )
    5 Common Mistakes High-Net-Worth Clients Make
    When it comes to advising high-net-worth clients, financial advisors have a lot at stake. That's especially true when it comes to helping clients steer clear of common mistakes and pitfalls. "Addressing common client mistakes looks different with high-net-worth clients because … Continue reading → The post 5 Common Mistakes High-Net-Worth Clients Make appeared first on SmartAsset Blog.  ( 47 min )
    Largest Bitcoin Fund Soars as Judges Raise Hope for Investor Payday
    Judges sounded skeptical of the SEC's arguments for barring the Grayscale Bitcoin Trust from becoming an ETF.  ( 23 min )
    First Quarterly Profit Ever Sends Tech Stock Surging
    Sea's fourth-quarter results blew Wall Street's expectations out of the water  ( 45 min )
    Bond-market recession gauge plunges to triple digits below zero on way to fresh four-decade milestone
    The spread between 2- and 10-year Treasury yields plunges to around minus 104.6 basis points, heading for a level not seen since Sept. 22, 1981.  ( 26 min )
    Altria May Sell Anheuser-Busch Stake After Juul Deal
    Altria Group could use proceeds from the sale of its $11 billion interest in Anheuser-Busch, the top global beer maker, for stock buybacks.  ( 24 min )
    GBTC discount narrows following arguments in Grayscale-SEC lawsuit
    Arguments in a closely-followed lawsuit between crypto firm Grayscale and the SEC suggested some investors are optimistic Grayscale's Bitcoin Trust could win approval to convert to an ETF.  ( 49 min )
    Dow Jones Dives 450 Points As Powell Opens Door To Higher, Faster Rate Hikes; Tesla Price War Hits Warren Buffett Stock
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    Powell Left the Market a Bitter Pill, Let's Check the Ingredients
    Here's what the Fed Chair told the Senate Banking Committee and how we view what's ahead -- including with one of our stock holdings.  ( 8 min )
    Student loans: SoFi lawsuit to block payment pause baffles observers
    The lawsuit argues that the moratorium, which has led to millions of dollars in lost profits for the company’s core refinancing business, has no legal basis.  ( 48 min )
    Buying a New Car: Here's How to Save Money
    No content preview
    Wall Street Fears Big Fed Rate Hike After Powell ‘Came Out Swinging’
    (Bloomberg) -- A hawkish warning from Federal Reserve Chair Jerome Powell that the central bank could speed up interest rate hikes upended Wall Street recent thinking that inflation would be tamed with more modest measures. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekUS Banks Are Finally Being Forced to Raise Rates on DepositsPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededChina Warns US Risks Catastrophe With Moves to ‘Contain  ( 49 min )
    Cathie Wood and Ken Griffin Have One Thing in Common: They Both Bet on These Stocks
    In 2022, Cathie Wood and Ken Griffin’s paths couldn’t have diverged any more sharply. While Wood’s bet on innovative growth-flavored stocks proved disastrous with her flagship ARKK fund posting huge losses, Griffin’s Citadel hedge fund notched profits of $16 billion – the most Wall Street had ever seen. But while the two famous investors’ fortunes differed dramatically last year, the pair have some things in common; both try to beat the market using singular techniques whether it’s Wood’s pencha  ( 50 min )
    Rivian stock tanks as it announces $1.3B 'green bond' offering
    Rivian shares are sliding today as the EV-maker announces plans for a “green” debt offering. Rivian says it intends to sell $1.3 billion worth of “green” convertible senior notes due in 2029, with the option to grant an additional $200 million worth of convertible notes to the original purchasers.  ( 47 min )
    BlackBerry Stock Dives as Revenue Forecast Disappoints
    The company said it expects revenue for the fiscal year ended Feb. 28 of about $656 million, below analyst expectations.  ( 24 min )
    At last — somebody is trying to ‘save’ Social Security
    There is no mystery about why Social Security is in trouble.  ( 26 min )
    BlackBerry stock suffering biggest selloff in 2 years after revenue guidance was below expectations
    The U.S.-listed shares of BlackBerry Ltd. took a 13.1% beating in midday trading Tuesday, after the Ontario-based security software company said it would...  ( 23 min )
    Student Loan Refinancer Sues to End Payment Pause
    California-based student loan refinancer SoFi claims that the pause on student loan payments is no longer legal since the pandemic has ended.  ( 12 min )
    Dow Jones Sells Off As Powell Says Interest Rates Are 'Likely To Be Higher' Than Expected
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    AI will soon ‘be a $600 billion addressable software market,’ C3.ai CEO says
    AI companies such as C3.ai see a massive opportunity beyond the artificial intelligence hype.  ( 47 min )
    America is more energy independent than ever
    The United States is less reliant on foreign energy under President Biden than it was under Trump.  ( 48 min )
    Bank of America CEO predicts most people won’t even notice ‘slight’ recession, but warns interest rates won’t come down for at least a year
    Consumer spending is not slowing at the rate the Fed hoped for, Brian Moynihan said.  ( 48 min )
    Why Sea Limited Shares Are Surging Today
    Consumer internet company Sea Limited (NYSE: SE) reported fourth-quarter FY22 revenue growth of 7.1% year-on-year to $3.45 billion, beating the consensus of $3.06 billion. Digital Entertainment revenue decreased 32.9% Y/Y to $948.86 million. The bookings declined 18% Q/Q to $543.6 million. The segment-adjusted EBITDA was $258.2 million, compared to $289.9 million in the prior quarter. The segment's quarterly active users were 485.5 million, compared to 568.2 million a quarter ago. Average bookin  ( 46 min )
    Sirius XM Lays Off 475 Employees On Completing Strategic Review
    Sirius XM Holdings Inc (NASDAQ: SIRI) shared plans to downsize its workforce by 475 roles, or 8%, after a strategic review. "We are entering into a new phase for our Company. The investments we are making in the business this year, coupled with today's uncertain economic environment, require us to think differently about how our organization is structured." "As I shared in November, our planning process for 2023 included an enterprise-wide review of our business to identify opportunities for gre  ( 46 min )
    Fed Chair Powell Stokes Fear Of Half-Point Rate Hike; S&P 500 Falls
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    Google middle managers hoping for a big promotion better think again
    CEO Sundar Pichai is cutting back on large pay rises, as investors demand management take more forceful action to reduce its bloated cost base.  ( 47 min )
    Powell Testimony Points to 50-Basis-Point March Rate Hike to Combat Sticky Inflation
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    Keytruda Who? Merck Nears Breakout On $10 Billion Sales Potential For Heart Drugs
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    Powell tells Congress rates will likely be 'higher than previously anticipated'
    Fed Chair Jerome Powell told lawmakers in prepared remarks on Tuesday interest rates are likely to rise "higher than previously anticipated" as the central bank struggles to bring inflation back to its 2% target.  ( 48 min )
    What History Says the Stock Market Will Do After Powell Speaks to Congress
    The S&P 500 has typically risen after a Fed chair testifies before Congress.  ( 24 min )
    Tesla Stock Slips As China EV Registrations Rise Again
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    Black Knight selling unit to win clearance for acquisition by IntercontinentalExchange
    Black Knight Inc. and Intercontinental Exchange Inc. cut the value of their merger deal by about $1.4 billion on Tuesday after Black Knight said it’s selling...  ( 23 min )
    Stock market news today: Stocks inch lower ahead of Powell testimony
    Stock futures were fractionally higher ahead of testimony on Capitol Hill from Fed Chair Jerome Powell on Tuesday morning.  ( 47 min )
    WW Stock Soars As ​Rising Obesity Drug Market Drives This Telehealth Takeover
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    This ‘Mini-Berkshire Hathaway’ Style Company’s Strategy Of Building And Spinning Off Companies Is Giving Retail Investors Pure-Play Opportunities For Additional Stock
    By Ernest Dela Aglanu, Benzinga  ( 49 min )
    Missing $96,000 is your problem, Coinbase allegedly told account holder who had life savings cleaned out
    The crypto exchange's response to the alleged theft “disclaimed any responsibility for the hacking of its customers’ accounts".  ( 46 min )
    GE Stock At New High As Investor Event, Defining Moment Loom
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    Rivian Stock Drops After the EV Start-Up Announced Plans to Raise $1.3 Billion
    The electric-trucks start-up announced plans to raise money selling convertible debt.  ( 24 min )
    EUR/USD Forecast – Euro Pulls Back Again
    The Euro initially tried to rally during the trading session on Tuesday but gave back gains rather quickly as it looks like the 1.07 level will continue to be a bit of a headache.  ( 46 min )
    Meta Stock Rises After Report of More Layoffs
    The job cuts reported by Bloomberg would come on top of the 11,000 announced in November.  ( 23 min )
    Stock market news today: Futures inch higher ahead of Powell testimony
    Stock futures were fractionally higher ahead of testimony on Capitol Hill from Fed Chair Jerome Powell on Tuesday morning.  ( 47 min )
    BlackSky Stock Surges, Shrugging Off Space Start-Up’s Sales Shortfall
    The Earth imaging company expects to generate about $93 million in 2023 sales. Wall Street was looking for about $106 million.  ( 24 min )
    Meta shares rise after new wave of layoffs, WeightWatchers’ stock makes gains after results and acquisition; Grindr’s stock falls after profit drop
    ADial Pharmaceuticals stock soars after alcohol disorder treatment clinical trial news, Squarespace rises after estimate-beating results.  ( 24 min )
    Former IBM CEO Ginni Rometty’s new book recounts her father leaving, her decision to not have kids, and pressure to lose weight
    “You have to reveal things for people to learn,” she says.  ( 47 min )
  • Open

    5 Things to Know Before Markets Open
    News of the day for March 7, 2023  ( 1 min )
    Markets Sink on Powell's Hawkish Comments
    U.S. stocks tumbled on March 7, 2023, after Fed Chair Jerome Powell suggested that interest rates would need to remain higher to fight inflation.  ( 1 min )
  • Open

    JetBlue, Spirit Anticipate DOJ Antitrust Suit Over Planned Merger
    DOJ has until March 8 to sue to block the deal, which was announced last summer. The Transportation Department can also take action to prevent the merger.  ( 1 min )
  • Open

    Stellen willen zorg voor kind gelijk verdelen, maar vooral vrouw werkt minder
    Hoewel veel ouders werk en de zorg voor kinderen gelijk willen verdelen, lukt dat vaak niet. Bij 48 procent van de stellen werkt de man meer en zorgt de vrouw meer voor de kinderen. Bij slechts één op de tien stellen zijn beide taken gelijk verdeeld.  ( 4 min )
    DNB-president Knot: 'ECB moet er alles aan doen om inflatie te verlagen'
    De Europese Centrale Bank moet aan de slag om de inflatie weer naar 2 procent te brengen. Dat zegt Klaas Knot, de president van De Nederlandsche Bank (DNB). Volgens hem moet de ECB de rente niet alleen in maart, maar nog vaker verhogen om de inflatie te beteugelen.  ( 4 min )
    Knot: ECB moet er alles aan doen om inflatie te verlagen
    De Europese Centrale Bank moet aan de slag om de inflatie weer naar 2 procent te brengen. Dat zegt Klaas Knot, president van De Nederlandsche Bank (DNB). Volgens hem moet de ECB de rente niet alleen in maart maar nog vaker verhogen om de inflatie te beteugelen.  ( 4 min )
    Niet Rusland, maar pro-Oekraïners zouden achter Nord Stream-explosies zitten
    Onderzoekers beginnen langzaam maar zeker de groep die achter de Nord Stream-explosies zat in beeld te krijgen. Lange tijd werd met de beschuldigende vinger naar Rusland gewezen, maar volgens The New York Times is het zeer waarschijnlijk dat een pro-Oekraïense groep achter de actie zit.  ( 4 min )
    Borg bij huurwoning mag maximaal twee maanden huur bedragen
    Verhuurders mogen in de toekomst nog maar twee maanden huur als borg in rekening brengen voor een woning. Ook moeten huurders meer informatie krijgen over de hoogte en voorwaarden van de borg.  ( 3 min )
    Niet Rusland, maar pro-Oekraïense groep zou achter Nord Stream-explosies zitten
    Onderzoekers beginnen langzaam maar zeker de groep die achter de Nord Stream-explosies zat in beeld te krijgen. Lange tijd werd met de beschuldigende vinger naar Rusland gewezen, maar volgens The New York Times is het zeer waarschijnlijk dat een pro-Oekraïense groep achter de actie zit.  ( 4 min )
    Sonos presenteert nieuwe speaker met geluid dat van alle kanten komt
    Sonos heeft twee nieuwe luidsprekers gepresenteerd: de Era 100 en de Era 300. Beide speakers werken via wifi en bluetooth. De Era 300 ondersteunt ook ruimtelijke audio (of spatial audio), maar spraakassistent Google Assistent ontbreekt.  ( 5 min )
    LEGO bouwt na pandemie miljardenwinst op met succesvolle Harry Potter-sets
    Ook na de coronapandemie heeft speelgoedmaker LEGO weer voor miljarden euro's aan blokjes weten te verkopen. Vooral het succes van bouwsets van Harry Potter en Star Wars heeft het bedrijf in 2022 goedgedaan.  ( 3 min )
    NU+ | Sam Altman is het gezicht achter ChatGPT en rijzende ster in Silicon Valley
    Sam Altman is nog niet zo'n bekende naam als Elon Musk of Mark Zuckerberg. Maar hij zou weleens de volgende ster van Silicon Valley kunnen worden. Altman staat aan het roer bij OpenAI, de maker van de AI-chatbot ChatGPT. Met dat programma zette hij de techwereld op zijn kop.  ( 5 min )
    Controversiële Jumbo-topman Van Eerd komt definitief niet terug
    Frits van Eerd keert niet meer terug als bestuursvoorzitter van supermarktketen Jumbo, ongeacht de uitkomst van het strafrechtelijk onderzoek naar hem. Tijdelijke topman Ton van Veen neemt het roer definitief over.  ( 3 min )
  • Open

    Salesforce Joins AI Push
    Cloud software firm Salesforce.com (CRM) introduced artificial intelligence (AI) technology using ChatGPT to help companies connect with customers.  ( 10 min )
    Markets Sink on Powell's Hawkish Comments
    U.S. stocks tumbled on March 7, 2023, after Fed Chair Jerome Powell suggested that interest rates would need to remain higher to fight inflation.  ( 10 min )
    16th Amendment: Definition, What Does It Do, and Importance
    The 16th Amendment to the U.S. Constitution, which was ratified in 1913, allows Congress to levy a tax on income from any source without apportioning it among the states and without regard to the census.  ( 16 min )
    What Are the IRS Guidelines on the 401(a)?
    Find out what IRS regulations exist regarding 401(a) retirement savings plans, including which aspects are dictated by the sponsoring employer.  ( 15 min )
    How Much Does Short-Term Disability Cost?
    We considered short-term disability quotes, average cost, and how to save money to help you get the best short-term disability policy at a price you can afford.  ( 13 min )
    Biothermal Energy Definition
    Biothermal energy is a type of renewable energy derived from the heat and gas byproducts of composting organic material.  ( 12 min )
    What Are the Basic Requirements to Qualify for a Payday Loan?
    Payday loans are designed to be quick and easy and generally have limited qualification requirements.  ( 16 min )
    6 Important Retirement Plan RMD Rules
    The rules for required minimum distributions (RMDs) can be tricky, and failing to comply with them can mean a 50% tax penalty.  ( 17 min )
    Top Tech Penny Stocks for March 2023
    The top tech penny stocks by 12-month total returns are ride-hailing company DiDi Global, enterprise software support provider Remini Street, and data management solutions provider AvePoint Inc.  ( 18 min )
    How Much Are Taxes on an IRA Withdrawal?
    How much tax you owe on an IRA withdrawal depends on your age, the type of IRA, and other factors. Use them to decide which type(s) of IRA to fund.  ( 17 min )
    Determining Risk and the Risk Pyramid
    Individual investors may not understand how to determine the appropriate risk level their portfolios should bear.  ( 18 min )
    Top Copper Stocks for March 2023
    Lundin Mining, Southern Copper, and Ero Copper lead the pack for value, growth, and performance, respectively.  ( 15 min )
    Do You Need More Than One Financial Advisor?
    Using more than one financial advisor for money management has its pros and cons.  ( 14 min )
    Reverse Mortgage Fees Explained
    Reverse mortgages are typically more expensive than a traditional home loan. What fees are charged, and how much will they add to your bottom line?  ( 17 min )
    Short Selling Guide: How to Short a Stock
    Short selling is a way to profit from a stock whose price the investor expects to fall.  ( 19 min )
    Are Personal Loans Tax Deductible?
    Find out whether interest on personal loans is tax deductible and what types of loan interest can be used to reduce your taxable income.  ( 15 min )
    Break-Even Analysis: Definition and How to Calculate and Use It
    Break-even analysis calculates a margin of safety where an asset price, or a firm's revenues, can fall and still stay above the break-even point.  ( 20 min )
    CD Rate Trends, Week of March 6: Rates Mixed
    Though the top nationwide rate remained steady in many CD terms this week, three terms saw a notable bump up.  ( 12 min )
    Personal Loan Rates & Trends, Week of March 6: Rates Inch Up
    Personal loan rates are on average slightly higher this week, though they declined for those with Excellent or Fair credit.  ( 12 min )
    ‘Cataclysmic’ Debt Ceiling Breach Could Cost 7 Million Jobs, Moody’s Estimates
    U.S. economy could suffer a “cataclysmic” blow, leading to the loss of 7 million jobs, if Congress’s standoff over the debt ceiling drags on through November.  ( 11 min )
    8 Possible Risks of Unsecured Personal Loans
    If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.  ( 14 min )
    Fed Chair Powell: Rate Hikes Will Go 'Higher Than Previously Anticipated’
    Taming inflation will require the Fed to raise interest rates higher than it had forecast, Chair Jerome Powell said in a Senate banking committee hearing Tuesday.  ( 12 min )
    Collateralization: Definition, How It Works, Examples
    Collateralization is the use of a valuable asset to secure a loan against default. The collateral can be seized by the lender to offset any loss.  ( 14 min )
    SEC Points to 'Unregulated' Spot Market in First Oral Arguments Against Grayscale
    The Securities Exchange Commission laid out its defense for the rejection of an ETF in the case against Grayscale Investments.  ( 11 min )
    Today's Mortgage Rates & Trends - March 7, 2023: Rates Move Lower
    Rates on 30-year mortgages dipped for a second day, taking the flagship average to its lowest point in a week.  ( 11 min )
    8 Cheaper Ways to Raise Cash Than Car Title Loans
    Before you sign up for a high interest car title loan, investigate these eight alternative cash-raising strategies.  ( 18 min )
    How Much Is Long-Term Disability?
    We compared long-term disability insurance quotes, average costs, and ways to save to help you determine if long-term disability insurance is worth it.  ( 13 min )
    Student Loan Refinancer Sues to End Payment Pause
    California-based student loan refinancer SoFi claims that the pause on student loan payments is no longer legal since the pandemic has ended.  ( 11 min )
    How to Use the Investopedia Simulator
    The Investopedia Simulator is a great way to learn about trading without the risk of losing money.  ( 18 min )
    Car Title Loan Defined
    A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. They are also known as auto title loans.  ( 14 min )
    The Math Behind Betting Odds & Gambling
    A betting odd opportunity should be considered valuable if the probability assessed for an outcome is higher than the implied probability estimated by the bookmaker.  ( 19 min )
    How To Establish Credit with No Credit History
    You can take several steps to start to build a credit history, including by opening a secured credit card and paying all your bills on time. Learn about other strategies.  ( 18 min )
    The 5 Biggest Financial Advisory Firms in the U.S.
    Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and J.P. Morgan Chase.  ( 15 min )
    Rules for Picking Stocks When Intraday Trading
    Intraday trading is risky, but potentially can be profitable. Here are some guidelines for picking the best day-trading stocks, and how to get in and out of them with a profit.  ( 22 min )
    Is SALT Blockchain-Based Lending the Future of All Personal Loans?
    SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.  ( 17 min )
    IRS Form 8880: Who Qualifies for the Retirement Saver's Credit
    Form 8880: Credit for Qualified Retirement Savings Contributions is an IRS form for claiming the retirement saver's credit on an individual's taxes.  ( 16 min )
    5 Things to Know Before Markets Open
    News of the day for March 7, 2023  ( 11 min )
    JetBlue, Spirit Anticipate DOJ Antitrust Suit Over Planned Merger
    DOJ has until March 8 to sue to block the deal, which was announced last summer. The Transportation Department can also take action to prevent the merger.  ( 11 min )
    Why Are Tesla Cars So Expensive?
    Tesla cars are more expensive than the average price of similar-sized cars. Learn about the average cost of buying a Tesla and about tax credit requirements.  ( 16 min )
2023-04-06T01:00:40.603Z osmosfeed 1.15.1